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List Of Countries with Complete or Partial Bitcoin/Cryptocurrency Bans

Bitcoin Reddit

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Complete Ban:

  • Algeria
  • Afghanistan
  • Bangladesh
  • Bolivia
  • China (PRC)
  • Egypt
  • Morocco
  • Nepal

Banking Ban:

  • Argentina
  • Cambodia
  • Canada
  • Colombia
  • Cyprus
  • Iran
  • Jordan
  • Namibia
  • Qatar
  • Russia
  • Saudi Arabia
  • Taiwan
  • United Arab Emirates

Illegal as a Payment tool:

  • Indonesia
  • Thailand
  • Vietnam

Illegal as a Payment Tool & Banking Ban:

  • Ecuador
  • Turker

Illegal to mine:

  • Kosovo
  • Venezuela

Illegal to buy crypto with local currency:

  • Ukraine ( monthly limit of $3300 with foreign currency )

You are monitored If you own any Crypto

  • Mexico

Does not Consider Cryptocurrency as Currency

  • Costa Rica

The list was curated from a wiki page. Feel free to correct me in the comments. https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory

Edits:
- Removed Nigeria as Nigeria Lifted its ban on 22 December 2023
- Bolivia moved to complete Ban
- Added Cyprus to Banking Ban as Some banks in Cyprus have internal policies restricting certain cryptocurrency activities for their clients
- Added Mexico to list ( https://www.reddit.com/r/Bitcoin/comments/1acend2/comment/kjtqytt/?utm_source=share&utm_medium=web2x&context=3)

submitted by /u/heybeluga
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