Cryptocurrency vs Government Worldwide (Bitcoin)No. COUNTRY STATUS TRADER(s)1. Argentina Not Regulated/Not legal/ but regards as money (
https://www.buybitcoinworldwide.com/argentina/)
2. Australia Allowed/ Promoting cryptocurrency (
https://www.finder.com.au/australian-cryptocurrency-startups)
3. Austria Not Regulated/No Policy Bitpanda
4. Bangladesh Banned ---5. Belgium Not Regulated/Not legal/ but regards as money ETORO, IQ Option, Plus500, AVATRADE and more
6. Bolivia Banned ---7. Brazil Not Regulated/Not legal/ but regards as money (
https://www.buybitcoinworldwide.com/brazil/)
8. Bulgaria Allowed/No Policies/Developing ETORO, IQ Option, Plus500, AVATRADE and more
9. Canada Allowed/ Promoting cryptocurrency (
https://www.buybitcoinworldwide.com/canada/)
10. Chile Allowed/ Promoting cryptocurrency ChilBit.net, Buda.com
11. China Banned --- (LakeBTC)12. Colombia Not Legal / Waiting for approval (
https://www.buybitcoinworldwide.com/colombia/)
13. Croatia Not Regulated/Not illegal Mondaq, coinbase, BitKonan, Yahyatech
14. Cyprus Not Regulated/ No Policy/Warning for use (
https://www.bestbitcoinexchange.net/for-cyprus/)
15. Czech Republic Allowed/No Policies/Developing
https://localbitcoins.com/country/CZ16. Denmark Allowed / Digital only e-krone HitBTC
17. Ecuador Banned ---18. Estonia Allowed/ Promoting cryptocurrency
http://bittybot.co/eu/european-bitcoin-exchanges-eur/19. Finland Allowed/ Promoting cryptocurrency
http://bittybot.co/eu/european-bitcoin-exchanges-eur/20. France Allowed/No Policies/Developing Blockchain,
http://bittybot.co/eu/european-bitcoin-exchanges-eur/21. Germany Allowed/With Policies Bitcoin.de,
http://bittybot.co/eu/european-bitcoin-exchanges-eur/22. Greece Allowed/No Policies
http://bittybot.co/eu/european-bitcoin-exchanges-eur/23. Hongkong Allowed/not formally ban Binance, Kucoin, Bitfinex, Gatecoin, CoinEx
24. Hungary Allowed/No Policies/Developing
http://bittybot.co/eu/european-bitcoin-exchanges-eur/25. Iceland Banned ---26. India Allowed/No Policies Zebpay
27. Indonesia Widely used/not formally ban Bitcoin.co.id
28. Iran Not legal/Developing/Widely used Coinava
29. Ireland Allowed/No Policies
http://bittybot.co/eu/european-bitcoin-exchanges-eur/30. Israel Allowed/With Policies Bitland, Bitsofgold
31. Italy Allowed/No Policies/Developing
http://bittybot.co/eu/european-bitcoin-exchanges-eur/32. Japan Allowed/ Promoting cryptocurrency QUOINEX, Zaif
33. Kazakhstan Allowed/ Promoting cryptocurrency
https://exchangers.io/currency-exchanges/country/kazakhstan34. Kenya Not Regulated/ No Policy/Warning for use Belfrics, Bitbond
35. Kyrgyzstan Banned ---36. Latvia Widely used/ No Policy/Warning for use
http://bittybot.co/eu/european-bitcoin-exchanges-eur/37. Lebanon No Policy/Warning for use Paxful, Spectrocoin
38. Lithuania Allowed/No Policies/Developing
http://bittybot.co/eu/european-bitcoin-exchanges-eur/39. Luxembourg Allowed/No Policies/Developing Bitstamp
40. Malaysia Allowed/No Policies/Developing
https://www.buybitcoinworldwide.com/malaysia/41. Mexico Allowed/No Policies/Developing Bitso
42. Netherlands Allowed/As item of barter Deribit
43. New Zealand Allowed/As payment system Cryptopia Limited
44. Nigeria Banned ---45. Norway Allowed/No Policies/Developing
http://bittybot.co/eu/european-bitcoin-exchanges-eur/46. Pakistan Allowed/No Policies/Developing BTCPakistan, BTCPK.net
47. Philippines Allowed/ Promoting cryptocurrency Coins.ph, Coinage, Buybitcoin.ph
48. Poland Allowed/with Policies/Developing BitBay
49. Portugal Allowed/Not Regulated/Developing
http://bittybot.co/eu/european-bitcoin-exchanges-eur/50. Russia Allowed/No Policies/Developing Tidex
51. Singapore Allowed/No Policies/Developing (
https://www.buybitcoinworldwide.com/singapore/)
52. Slovenia Allowed/No Policies/Developing
http://bittybot.co/eu/european-bitcoin-exchanges-eur/53. South Africa Allowed/with Policies/Developing Luno
54. South Korea Allowed/ Promoting cryptocurrency Bithumb
55. Spain Allowed/ Promoting cryptocurrency
http://bittybot.co/eu/european-bitcoin-exchanges-eur/56. Sweden Allowed/ Promoting cryptocurrency
http://bittybot.co/eu/european-bitcoin-exchanges-eur/57. Switzerland Allowed/ Promoting cryptocurrency Shape Shift
58. Taiwan Allowed/No Policies/Developing Maicoin, Wayi
59. Thailand Allowed/with Policies/ Warning for use BX.in.th
60. Turkey Allowed/with Policies/ Warning for use
http://bittybot.co/eu/european-bitcoin-exchanges-eur/61. Uganda Allowed/with Policies/ Warning for use Spectrocoin, Remitano
62. Ukraine Allowed/No Policies/Developing Liqui
63. United Arab Emirates Allowed/No Policies/Developing BitOasis, CoinDesk
64. United Kingdom Allowed/ Promoting cryptocurrency Bitstamp, EXMO, LiveCoin, Vaultoro, DSX
65. United States Allowed/ Promoting cryptocurrency Kraken, Bittrex, Gemini,
66. Venezuela Banned/warning for use/widely used ---67. Vietnam Developing/Waiting for approval MonkeyCoin, Surbitcoin
68. Zimbabwe Allowed/No Policies/Developing Ecocash, Golix.com, bitcoinafrica
those country not listed above do not have a given statement or stand about cryptocurrency.
Good attempt, but limited and outright misleading in a couple of instances. E.g. bitcoin is not banned in Iceland, bitcoin is not banned in China (e.g. individuals are allowed to trade bitcoins), bitcoin is not banned in Venezuela (e.g. bitcoin miners just need to register), bitcoin is not banned in Nigeria, etc.
Although also limited in scope, the following list gives a better picture of what's going on:
In addition to the above, it is important to understand that most countries will not outright ban it. They will rather attempt to gain control via the gradual rollout of regulations - an attempt I suspect will backfire, especially when the masses learn about the true power of cryptos.