Outlawed – Three Major Countries Where Cryptocurrency Is Banned

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jimmyshan
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In 2021, Chinese authorities have warned people repeatedly about the use and trading of cryptocurrency as well as shutting down several Bitcoin mined earlier this year. Iran’s government incentivises Bitcoin miners where Bitcoin mining brings in huge revenue for the country. Earlier this year, the Russian government gave legal status to Bitcoin but also banned digital currency being used as payments, insisting on the Russian Ruble being the only acceptable legal tender. Watch this video to find out more about which countries have imposed restrictions on cryptocurrencies.

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