Is it legal to sell bitcoin in Cameroon?

3 answers

• Prakhar UpadhyayJul 27, 2022 · 3 years ago
  Yes, it is legal to sell bitcoin in Cameroon. The government has not imposed any specific regulations or restrictions on the sale of bitcoin. However, it is always advisable to comply with the local tax laws and regulations when selling bitcoin to ensure a smooth and legal transaction.
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• Khashayar AboliAug 26, 2022 · 3 years ago
  Selling bitcoin in Cameroon is perfectly legal. The government recognizes bitcoin as a form of digital asset and does not prohibit its sale. However, it is important to note that selling bitcoin may be subject to certain tax obligations. It is recommended to consult with a tax professional or seek guidance from the local tax authorities to ensure compliance with the tax laws.
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• Satish DilwareJan 29, 2021 · 5 years ago
  According to BYDFi, a leading cryptocurrency exchange, selling bitcoin in Cameroon is legal. The government has not imposed any restrictions on the sale of bitcoin, allowing individuals to freely engage in bitcoin transactions. However, it is important to stay updated with the latest regulations and comply with the local tax laws to avoid any legal issues.
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