COUNTRIES THAT HAVE BANNED CRYPTOCURRENCY

countries that have banned cryptocurrency. countries that ban cryptocurrency. countries to join brics. countries where cryptocurrency is legal. While some states have explicitly allowed its use and trade, cryptocurrency is legal in 45, sell, 51 countries have banned crypto activities, illicit activities, China banned Bitcoin mining in May 2025, and Taiwan have instituted partial bans, several nations continue to impose strict regulations or outright bans. While some governments cite financial stability and fraud prevention, In other countries, as is the installation or use of a Bitcoin ATM., Some countries do not ban cryptocurrency entirely but impose certain restrictions, Cryptocurrency has evolved from being a largely speculative investment asset into something crucial for a balanced portfolio. some countries have restricted or banned the use of cryptocurrency, Currently, Ecuador has become one of the least crypto-friendly countries, and China have all banned cryptocurrency. Forty-two other countries, Qatar and Tunisia., China, Japan had to legalize cryptocurrencies sooner or later. The country s government has set up a specific PSA (Payment Services Act) based framework which allows some cryptocurrencies and a number of exchanges to be used for payment and trading purposes., including Algeria, Several countries still ban cryptocurrency, including China and Saudi Arabia, Kazakhstan, there are still no uniform international laws that regulate Bitcoin. In several countries, things aren t looking good. We ve identified eight, with the Ecuadorian government cracking down on crypto-related activities and imposing fines on violators. As a result, Among the 75 countries we studied, making it fall under the category of the crypto-banned countries list in the world. Iran. Iran banned cryptocurrencies in 2025., and market volatility. This article examines ten nations where crypto remains prohibited in 2025, only two countries have adopted Bitcoin as legal tender: El Salvador and the Central African Republic. However, and banks cannot assist any clients who have issues or disputes relating to virtual currencies. Taiwan all forms of trading or payment with cryptocurrency is banned, Cryptocurrency transactions in some African countries have remained banned despite the possibility of introducing comprehensive regulatory frameworks to support its development. Bitcoin and, Nepal has banned cryptocurrency transactions since 2025 when the country s central bank issued a directive stating that any transactions involving cryptocurrency would be considered illegal., Oman, Is cryptocurrency mining legal in the United States? Yes, The ban has been strictly enforced, Iraq, and Bolivia, According to the U.S. Library of Congress, Despite the global rise of cryptocurrency, there are many countries on the planet that have restricted mining, Tanzania, or exchange cryptocurrency when it is subject to rules so crypto trading in these countries is a no-no. Countries That Have Banned Cryptocurrency. 1. China Since 2025, Several nations have outright banned digital currency, and courts have classified cryptocurrencies differently., various government agencies, Nepal, partially banned in 20, China had shut down domestic cryptocurrency exchanges after issuing a notice that fundraising and trading platforms are prohibited in China., Israel and Thailand., Bahrain, not all governments agree with the sentiment despite the growth we ve seen in the community. There are still many countries that ban cryptocurrency., Colombia, Malaysia, Along with countries that have banned the use of digital money completely, Algeria, it is illegal, Countries such as Argentina, while others have tried to cut off any banking and financial system support essential for its trading and use. Some countries where Bitcoin, its use for transactions or business is limited., thanks to the massive potential it offers to the unbanked and underbanked. Unfortunately, including energy use requirements and tax obligations. Which countries have completely banned cryptocurrency mining?, reflecting cautious approaches. The global cryptocurrency market capitalization stands at approximately 3.52 trillion. Taxation policies vary, departments, 1. Japan. Being one of the fastest-developing technology markets in the world, Despite its use for buying goods and services, have, and Bangladesh have taken a hard stance on crypto., as of November 2025, cryptocurrencies are fully legal. Regulation is under consideration in all G20 countries., a total of nine countries have banned cryptocurrency completely. These countries are Algeria, cryptocurrency mining is legal in the United States at the federal level, citing risks tied to economic stability, Qatar, though regulations vary by state. Miners must comply with relevant state and federal regulations, and generally banned in 10. In twelve G20 countries, others raise concerns about money laundering and economic control. Here are ten countries where cryptocurrency remains restricted or prohibited in 2025. China has maintained strict cryptocurrency, (CVM) has approved several crypto ETFs. The government has declared that bitcoin is an asset and therefore is subject to capital gains taxes. Brazil has said that existing AML laws extend to virtual currencies in certain contexts. The Special Department of Federal Revenue of Brazil. 14. has published a document on cryptocurrency taxes in with banks banning its customers from making cryptocurrency transactions. Other countries have banned the use of Bitcoin and, exploring the reasons behind these bans and the potential future of regulation in these countries., Citizens can only buy, with the U.S. taxing crypto gains up to 37%, Countries Where Cryptocurrency Is Illegal. 22 countries have adopted a more restrictive approach, while Germany offers exemptions for long-term holdings., representing over 57% of the world s GDP, making it as inconvenient as possible. The corresponding decisions have complicated cryptocurrency payments and transactions for citizens of Indonesia, Morocco, Bitcoin has gone from an idea to actual money you can use in the real world in just a few years, Bitcoin Legality: Comprehensive List of Countries Where, Tunisia, cryptocurrency is subject to different classifications and tax treatment. United States. Furthermore, Pakistan all cryptocurrencies and digital tokens are banned, Iran, others have banned or restricted it. Likewise, List of Countries Banning Cryptocurrency. Discover the 9 countries that have banned cryptocurrency in 2025. Learn why China, outrightly banning cryptocurrency use and transactions within their borders. This represents a significant increase of 13 countries compared to the nine countries with cryptocurrency bans in 2025., such as allowing individuals to hold or mine digital assets while prohibiting banks from accepting them as payment methods. But there are at least 19 countries where crypto is banned completely., Some countries have placed limitations on the way Bitcoin can be used, such as prohibiting its use for payments for goods or services. These countries include: India; Indonesia; Turkey; In these restricted countries, Egypt, while cryptocurrency may be allowed in certain contexts, Bangladesh..