While the number of crypto-lovers is increasing rapidly almost all over the world, some countries’ anti-crypto attitude continues. So much so that some countries have either completely banned crypto or do not support crypto in public places like cafes, restaurants and shops.
China and Qatar Ban Cryptocurrency
When it comes to Chinese cryptocurrencies, it is one of the principles that make its name known with bans. This ban now covers financial institutions and even domestic use. Along with this, the country launched the digital yuan, a government-approved digital currency.
Among other anti-crypto countries Oman, Egypt, Qatar, Algeria, Iraq, Morocco, Tunisia and Bangladesh is located. All of these countries have also banned crypto for various reasons. 42 other countries, including Algeria, Bahrain and Bolivia, have restricted banks’ ability to use digital currencies.
On the other hand, there are countries around the world that have low access to crypto ATMs. in the United Arab Emirates (UAE) about 152,077 people hold crypto. But UAE only has one crypto cash machine.
Countries with the Lowest Crypto ATMs
- United Arab Emirates
- Uganda
- Venezuelan
- Japan
- Saudi Arabia
- Ecuador
- Armenia
- Aruba
- Venezuelan
- Barbados
- Botswana
In Europe, the opposite is the case. Slovenia Despite many countries that have fully embraced crypto, there are also countries that continue to resist digital currencies. MaltaIt is considered the least crypto-friendly country in Europe.
Anti-Crypto Countries in Europe
- Malta
- North Macedonia
- Albania
- Bosnia and Herzegovina
- Moldova
- Luxembourg
- Serbia
- Montenegro
- Monaco
- Liechtenstein
Interestingly, among other cities with surprisingly few places to spend crypto. Luxembourg and Monaco is located. Although these places are luxury resorts, they still have preconceptions about crypto. However, despite all these opposing stances, it is considered certain that one day all countries in the world will recognize crypto assets.