Which countries around the world ban cryptocurrencies?

Currently, 51 countries and regions around the world have implemented bans on cryptocurrencies. Among them, 9 countries and regions have implemented absolute bans, which completely prohibit the production, holding, trading and use of cryptocurrency. These countries and regions are: Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar and Tunisia. In addition, 42 countries and regions have implemented implicit bans, which prohibit banks and financial institutions from participating in cryptocurrency business and prohibit cryptocurrency exchanges from operating within their borders. These countries and regions include: Kazakhstan, Tanzania, Cameroon, Turkey, Lebanon, Central African Republic, Democratic Republic of Congo, Indonesia, Bolivia and Nigeria.

The ban on cryptocurrencies in these countries and regions is mainly due to considerations such as financial stability, monetary sovereignty, capital controls, anti-money laundering and counter-terrorism. Some countries are also concerned that cryptocurrencies will cause competition and pressure on their legal currencies, or lead to social problems and waste of resources. Therefore, these countries and regions have adopted stricter regulatory measures to limit or eliminate the impact of cryptocurrencies. #内容挖矿