It's easiest to name the countries where crypto is outright illegal. 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.
Is bitcoin mining being banned?
New York just passed a bill cracking down on bitcoin mining — here's everything that's in it. Lawmakers in New York just passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources.
Has China stopped mining Bitcoins?
Among the steps China took was to abolish crypto mining, the power-intensive process that leads to the creation of new digital currency. That resulted in several miners fleeing to other countries, including the U.S. and Kazakhstan, which borders China.
Which country has most Bitcoin miners?
Most Bitcoin mining occurred in the United States, according to IP addresses from so-called hashers that used certain Bitcoin mining pools in 2021.