123. there are still huge differences in the legal regulations on Bitcoin in various countries worldwide. How do we judge that its legal risks are no longer significant?
Answer: Compared with the strict control in mainland China, countries such as Europe and the United States regard Bitcoin as a legal currency and open regulatory measures to it. In contrast, some Asian countries have banned the use of Bitcoin. In addition, with the popularity of Bitcoin and other cryptocurrencies, whether as investment objects or payment tools, more and more countries are adopting cryptocurrencies to escape the global harvest of the U.S. dollar economy, so they have begun to review their legal status and formulate corresponding regulatory policies. Some countries have even introduced clear regulations and legal frameworks to ensure the legality and safety of Bitcoin and other virtual currencies.