Cryptocurrency

Coin

<ul class="news-points"> 
 <li>CoinGecko research indicated that cryptocurrency is legalized in more than half of the world’s countries.</li> 
 <li>Europe is in the lead, with 39 out of 41 countries legalizing cryptocurrency within their borders.</li> 
 <li>Only 62 out of the 119 countries where cryptocurrency is legal have clear regulations in place</li> 
</ul> 
The world’s largest independent cryptocurrency data aggregator, CoinGecko, embarked on a massive <a href="https://www.coingecko.com/research/publications/crypto-legal-countries" target="_blank" rel="nofollow">research</a> project to establish where cryptocurrency is legal versus illegal. CoinGecko’s findings suggested that cryptocurrency is currently legal in 119 countries, meaning that more than half of the world’s nations have embraced the technology. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/o2jIRvF9sWkQd40IY9aJ6UgWWv-Wl9fSoNGgka4GToTucnqSuKVJuRmF-repYqYloMb0PEw1rr5erEsnyioyDrGS_rSCPpcC7xV5VrkeSJCBAuxREOvBOXuV49xNUtFFqkIomo-wEdWV50nfhIrX8P0" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 Cryptocurrency legality around the world (Source: <a href="https://www.coingecko.com/research" target="_blank" rel="nofollow">CoinGecko</a>)
 </figcaption>
 </figure>
</div> 
It is worth noting that 64.7% of the countries that have decided to legalize cryptocurrency are emerging and developing countries located in Africa and Asia. However, out of the 119 countries that have legalized these digital assets, 16.8% have imposed bank bans, restricting banks from interacting with cryptocurrency users and exchanges. 
Meanwhile, Europe emerged as the leader in cryptocurrency legalization, with 39 out of the 41 countries acknowledging its…
The post <a href="https://coinedition.com/cryptocurrency-is-legalized-in-119-countries-according-to-report/">Cryptocurrency Is Legalized in 119 Countries, According To Report</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Cryptocurrency Is Legalized in 119 Countries, According To Report

Coin Edition

Autres articles publiés le 7 déc. 2023

Former Binance CEO Changpeng Zhao Money Laundering Guilty Plea Approved By Judge

Bitcoin Futures Interest on the Rise, Will the Rally Last?

Bitzlato crypto exchange co-founder pleads guilty to AML violations

GhostDAG.org Announces $880,000 Acquisition in Phase One Mining Setup

Bitcoin Consolidates After the Run-Is It Preparing for the Next Upswing to $47,000?

Flipkart Leverages Polygon CDK for Dedicated Blockchain in Web3 Loyalty Program

Join our free newsletter for daily crypto updates!