To date, about 15 countries have completely banned the use of Bitcoin and other cryptocurrencies. In particular, China banned Bitcoin mining in 2021, and this year equated cryptocurrency transactions with money laundering methods. Another 40 countries have introduced significant restrictions on the use of cryptocurrency, including India and Turkey. At the same time, there are states that partially or completely recognize Bitcoin as a payment instrument. In the United States, Switzerland, Japan and Panama, legislation partially regulates the use of Bitcoin. And El Salvador in 2021 became the first country in the world to recognize Bitcoin as legal tender. In 2022, the Central African Republic made a similar decision, but a year later canceled it due to high levels of poverty and problems with access to electricity and the Internet.
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