Hey kids! Did you know some countries don't let people use Bitcoin or other cryptocurrencies? Crypto is like digital money you can use online. It's exciting, but some governments worry about it.
- China, Morocco, Bolivia, Algeria, Afghanistan, Bangladesh, Egypt, Iraq, and Nepal have banned crypto.
- They worry about things like money laundering (hiding illegal money) and hurting their own money.
- Ukraine is working on making crypto legal.
| Country | Reason for Ban |
|---|---|
| China | Financial stability, money laundering |
| Morocco | Money laundering, terrorism |
| Bolivia | Monetary stability, illegal activities |
| Afghanistan | Economic difficulties, Taliban control |
Even though some countries say no to crypto, it's still used in many places around the world!
