Today news
About the same in other media
China isn't the only nation nixing crypto. 50 other countries have placed bans on digital currencies to date.
Reading now: 617
NurPhoto/ Getty Images
China isn't the only country to ban cryptocurrencies.
In fact, another 50 countries have placed bans on crypto, according to a report from the Global Legal Research Directorate of the Law Library of Congress. Ther publication was first reported by Decrypt.
The November report found the number of countries banning crypto «increased significantly» since the research first came out in 2018.
Now, nine countries have an absolute ban, which makes crypto illegal, and 42 have an implicit ban, which prohibits financial institutions from dealing with crypto. That brings the current total to 51 countries — more than twice as many as in 2018 when just eight countries had an absolute ban and 15 had an implicit ban.
Algeria,
Read more on markets.businessinsider.comAbout this in other media
Major payments app WeChat to add support for China's digital yuan cointelegraph.com /3 years ago
China's digital yuan wallet arrives in Android and Apple app stores finextra.com /3 years ago
China's digital yuan wallet arrives on the Android and Apple app stores finextra.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
