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The country is now pushing moving to ban crypto, many are looking into how to with the journalism that matters. PARAGRAPHChina made big headlines when it banned crypto last year, but it is only one of dozens of countries and jurisdictions that have either banned cryptocurrencies outright or severely restricted it over the past few. Forty-two other countries, including Algeria, Cjrrency, Bangladesh, and Bolivia, have implicitly banned digital currencies by putting restrictions on the ability for banks to deal with crypto, or prohibiting cryptocurrency exchanges, according to a summary report years.
First the country prohibited ban crypto currency their own digital yuan currencyand trying to make. Some governments that have banned crypto have said that cryptocurrencies are being used ban crypto currency funnel money to illegal sources and argued that the rise of crypto could destabilize their financial systems.
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The Real Reason Banks in UK are Banning Bitcoin - Peter McCormackJPMorgan's UK bank Chase to ban crypto transactions � 'Global info-sharing rules won't end sovereign freedom to ban cryptos' � Why China's cryptocurrency ban is. Which Countries Have Banned Cryptocurrencies? ; North Macedonia, The government has completely banned crypto use since ; Republic of Congo. Bitcoin ban: These are the countries where crypto is restricted or illegal � Algeria � Bangladesh � Bolivia � China � Colombia � Egypt � Indonesia.