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Crypto ban: Check List of countries That have banned Crypto

Piroll

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2 years ago

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NAIJA NEWS: Crypto ban: Check List of countries That have banned Crypto [New Naija News] » Naijacrawl
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Yesterday was a dramatic day for crypto traders and investors ahs the apex bank in the country bank any depositing and withdrawing of crypto by naira via various, what this means is that one cannot be able to deposit or withdraw crypto directly to his bank account or from his bank account.

Read Also : Why we ban Crypto and bank deposit - CBN Gives Reasons


However, the ban does not means that trader cannot withdraw their coins but they can do so via peer to peer or any other means.

It is instructive to note that the cryptocurrencies blockchain will be difficult to be blocked by any government because of the way it is technologically structure, the like of China have tried that before but yet it keep thriving in the technologically developed country like China.

It is to be noted that, crypto is not a lender tender in many if not all the countries in the world, but many countries allows it usage but not officially banning it.

Below is the list of countries that have officially ban crypto.

ALGERIA 2018

BOLIVIA 2014

ECUADOR 2014

BANGLADESH. 2012

NEPAL 2019

MACEDONIA. 2016

Kyrgyzstan

NIGERIA 2021

Countries that discourage its usage

India

Thailand

Denmark

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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