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Rachel Welch

03 November 2022 166 Read Crypto

Countries Where Ethereum is Banned or Legal

Blockchain-based currencies like Ethereum are gaining popularity, but many governments are still cautious about them. Some countries have banned the use and trading of cryptocurrencies. Others are just unsure of their legality, and others are unsure about how to handle them. Some countries have banned cryptocurrency trading altogether, while others have just banned it in the short term. Despite these legal issues, there are still many ways to get involved with crypto.

China has outlawed cryptocurrency mining and has banned ICOs and other forms of cryptocurrency trading. This regulation effectively prohibited cryptocurrency exchanges in the country and resulted in a huge selloff of cryptocurrency tokens. However, there are still many ways to circumvent this regulation, including using foreign platforms and websites.