According to the U.S. Library of Congress, as of November 2021, a total of nine countries have banned cryptocurrency completely. These countries are Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar and Tunisia.
Will cryptocurrency be banned in the world?
The short answer to that question is: banning Bitcoin illegal wouldn't be easy, and it could even be impossible. The cypherpunks (an individual who advocates for cryptography, the practice of safe communication) were prepared for that, and it's one reason decentralisation was so important in the set-up.
Can all countries ban crypto?
Despite its use for buying goods and services, there are still no uniform international laws that regulate Bitcoin. Many developed countries allow Bitcoin to be used, such as the U.S., Canada, and the U.K. Several countries have made it illegal to use Bitcoin, including China and Egypt.