Crypto

Is Cryptocurrency Legal In India? Cryptocurrency in India: Not legal tender Cryptocurrency exchanges: Regulations being considered Cryptocurrency is not legal tender in India.  While cryptocurrency in India can be exchanged due to the absence of a robust regulatory framework, a […]

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 […]

Is Cryptocurrency Legal In Singapore? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, registration with the Monetary Authority of Singapore required In Singapore, cryptocurrency exchanges and trading are legal and the city-state has taken a friendlier position on the issue than […]

Is Cryptocurrency Legal in Canada? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, required to register with FinTRAC after June 1, 2020 In Canada cryptocurrency is not legal tender but can be used to buy goods and services online or in […]

Is Cryptocurrency Legal in the US? Cryptocurrencies: Not considered legal tender Cryptocurrency exchanges: Legal, regulation varies by state While it is difficult to find a consistent legal approach at the state level, the US continues to progress in developing federal […]