5 Countries Where Bitcoin is Legal and Illegal

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In this piece, we will take a look at five countries where bitcoin is legal and illegal. For more countries, head on over to 15 Countries Where Bitcoin is Legal and Illegal.

5. French Republic

Bitcoin Legal or Illegal: Legal

The French Republic is a European country that is a global power in international politics. France permits Bitcoin mining and it has different kinds of capital gains taxes for individuals that trade Bitcoin. For those individuals that sell Bitcoins privately and don’t do it too much or as part of an income generating activity, France levies a capital gain. For others, who buy and sell regularly, France levies an income tax on them. For corporations, only realized gains are taxed at the end of the year.

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