What is the current legal status of Bitcoin around the world?
At this point, the legality of bitcoin remains largely untested. To date, there have been no legal actions brought against any bitcoin exchanges (which would likely be the first place for the legality of bitcoin to be tested, rather than end users) and multiple bitcoin exchanges are seeking legal clarification regarding the jurisdictions they are operating in.

Some non-profits including the EFF have chosen not to accept bitcoin at this point in time because of untested legal issues.