The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Can Bitcoin be regulated? The Bitcoin protocol itself cannot be modified unless nearly all users collaborate to choose which software to use. Along with the investment rhapsody of Bitcoin, governments around the world have finally begun to regulate Bitcoin transactions, and their methods are various: Japan implements a transaction licensing system;
South Korea has finalized comprehensive legislation restricting transaction rules; the European Union and Germany have imposed taxes on goods and services purchased with Bitcoin. However, some countries, especially the United States, have not yet implemented a comprehensive strategy for regulating Bitcoin. But overall, regulation is increasing.

It would be unrealistic to attempt to give a regional governing body special powers within the rules of the global Bitcoin network. Any wealthy organization can choose to invest in mining hardware to control half of the computing power of the entire network, thereby enabling the freezing and reversal of recent transactions. However, they are not guaranteed to have this ability all the time, because this investment requires and full The rest of the world's miners combined were on par.

However, it is possible to regulate the use of Bitcoin in a manner similar to regulating any other currency.

Like the U.S. dollar, Bitcoin can be used for a variety of purposes, some of which may be considered legal or not compliant with the laws of every jurisdiction.

At this point, Bitcoin is like any other tool or resource, subject to regulations that vary from country to country. It would also be difficult to use Bitcoin under restrictive regulations, making it difficult to determine what percentage of users would continue to use the technology.

Governments that choose to ban Bitcoin will hinder the development of domestic businesses and markets, diverting innovation to other countries. As always, the challenge for regulators is to develop effective solutions without harming the development of emerging markets and businesses.

What does Bitcoin have to do with taxes?

Bitcoin is not legal tender and does not have legal tender status in any administrative jurisdiction, but it is often subject to tax liability regardless of the medium used. In many different jurisdictions, there are various laws and regulations regarding income, sales proceeds, wages, capital gains, or some other form of tax liability arising from Bitcoin.

Investors have many concerns about digital currencies: illegal initial coin offerings, money laundering, tax evasion, cyber theft, transaction interruption, excessive speculation, etc. Although Bitcoin and its cousins are on the fringes of finance, they are gradually evolving towards the mainstream, and they carry risks that are easily ignored by the authorities.