Bitcoin Currency is Legal or Not is a question which we all wants to know. In this blog we are going to discuss about the legality of bitcoin in different countries of the world. The digital currency recognized as bit coin was made in 2009 by a man called Satoshi Nakamoto, but nobody knows his true identity.In the easiest form, Bit coins can be defined as a “Peer to Peer Digital cash system.” Bit coins can be utilized as a technique of payment for a number of products and services and for basic transactions like paying bills, buying vouchers etc. In different jurisdictions, Bit coins are used as an asset, currency, goods, virtual property. As we know that use bitcoin in many part of the world is still very debatable and controversial. Legality of Bit Coin in USA According to the U.S.