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.
Has any country banned Bitcoin?
Bolivia. There is a complete ban in place on the usage of Bitcoin in Bolivia since 2014. The Bolivian Central Bank issued a resolution banning it and any other currency not regulated by a country or economic zone.
Which European country banned Cryptocurrency?
The European Union has placed a blanket ban on all crypto services to Russian entities as part of its eighth round of sanctions against the country.