a.i & blockchain

countries who prohibit the use of cryptocurrency

If there are countries who enjoyed and loved the use of cryptocurrencies specifically bitcoin for an investment or a lifeline. not all countries liked it. the legal status of bitcoin and other cryptocurrencies varies greatly from one jurisdiction to the next. some governments have imposed restrictions on how they can use bitcoin, banks are prohibiting their customers from transacting in the cryptocurrency and will be penalized if they do so.

the following nations have banned the usage of bitcoin and other cryptocurrencies:
algeria, bolivia, china, colombia, egypt, indonesia, nepal, north macedonia, vietnam, turkey, iran – who have a four-month ban of mining in bitcoin and russia – though russia didn’t banned cryptocurrency totally but there are restrictions in using it.

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