Is Cryptocurrency Legal in China? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Illegal The People’s Bank of China (PBOC) banned financial institutions from handling Bitcoin transactions in 2013 and went further by banning ICOs and domestic cryptocurrency exchanges in 2017. In […]
Is Cryptocurrency Legal in South Korea? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with FSS Currently, South Korea cryptocurrency regulation means that crypto is not considered legal tender. Exchanges, while legal, are part of a closely-monitored regulatory system. […]
Is Cryptocurrency legal in Switzerland? Cryptocurrencies: Legal, accepted as payment in some contexts Cryptocurrency exchanges: Legal, regulated by SFTA and FINMA In Switzerland crypto and virtual currencies are classified as assets or property. Exchanges are legal and, depending on the […]
Is cryptocurrency in Japan legal Cryptocurrencies: Legal, treated as property Cryptocurrency exchanges: Legal, must register with the Financial Services Agency Japan currently has the world’s most progressive regulatory climate for cryptocurrencies and recognizes Bitcoin and other digital currencies as legal […]
Singapore has a well-earned reputation as a global center for leading-edge financial services, with its regulatory model praised for its innovation-friendly outlook. This includes the virtual asset industry: the Singaporean crypto market is expected to attract 4.19 million users by […]
As the second-largest economy in North America, Canada is an important financial center on the global stage – and its crypto market is no exception. The country is expected to have 12.95 million cryptocurrency users by 2028, according to Moonpay, […]
Cryptocurrencies and virtual assets (VAs) continue to go from strength to strength in the US. Fuelled in part by the announcement of a US strategic crypto reserve, activity and innovation are strong in the sector, building on a longer-term trend […]
