No one cares about the countries that banned it , because it is not important at all.
Tell me, has anything changed once that X country banned bitcoin? of course not. The only one that was meant to be serious, was the Chinese ban, but it is quite old.
Topic: 5 countries that banned bitcoin - page 19. (Read 3401 times)
Bitcoin is a digital currency that can be used as an investment. In addition to the countries attached above, there are also other countries that banned bitcoin. We can not know the sequel, because it is dynamic. Government regulations in each country may change at a time. Countries such as Bolivia, Nepal and Kyrgyzstan have logical reasons why they banned bitcoin. One of them is due to money laundering.
Vietnam
Nepal
Makedonia
Rusia
Bangladesh
Nepal
Makedonia
Rusia
Bangladesh
There is no country explaining that it supports the cryptocurrency. or the finance giants of these prohibited countries do not oppose this issue. ultimately banned countries have many bitcoin investors
5 COUNTRYS THAT BANNED BITCOIN
1BOLIVIA
2CHINA
3RUSSIA
4SWEDEN
5INDIA
THESE ARE COUNTRYS THAT BANNED BITCOIN
1BOLIVIA
2CHINA
3RUSSIA
4SWEDEN
5INDIA
THESE ARE COUNTRYS THAT BANNED BITCOIN
These countries take care of their economy and reduce the rush to bitcoin at the initial stage. Let's see what will happen next
Their government in these countries just try to protect their peoples from being scammed. Also, their government maybe worries if Bitcoin will be used for many Illegal activities in their country like a buying drug or money laundring.
Anyway, I'm so grateful my country didn't ban Bitcoin. So, I can use Bitcoin without worries...
Anyway, I'm so grateful my country didn't ban Bitcoin. So, I can use Bitcoin without worries...
it is not clear why they are doing this, progress can not be stopped 
It is now also quite a country that ban bitcoin because it could have disrupt the financial or economic in the country. The country that bans the bitcoin I'm sure because it does not want to take risks that will mess up in the end later.
As a ban on alcohol or the Internet, the ban on bitcoins seems meaningless and even impossible. Nevertheless, five countries succeeded in actually prohibiting the crypto currency - these are Bangladesh, Bolivia, Ecuador, Kyrgyzstan and Nepal
5 countries that banned bitcoin are mostly asian country nepal and bangaldesh they have strict rules for bitcoin trading mining and any crypto related activity is banned strictly
these countries have banned bitcoin because they fear the growth of crime.but many other countries on the contrary support the cryptocurrency.
1.India
2.Vietnam
3.Nepal
4.Makedonia
5.Rusia
2.Vietnam
3.Nepal
4.Makedonia
5.Rusia
1. Aljazair
2. Bangladesh
3. Bolivia
4. China
5. Ekuador
2. Bangladesh
3. Bolivia
4. China
5. Ekuador
All of those 5 countries look like poor countries and I don't think they have many influences on bitcoin neither on its popularity or its price. A very few people from those countries actually use cryptocurrencies and that's why I say that. Also, I don't think this ban will actually stop people from using cryptocurrencies. Maybe they can't use bitcoin in national shops but they surely can use cryptos for international payments since governments can't check those transactions.
It would be interesting to know just how strong the prohibitions are in these five countries and whether these prohibitions are circumvented by citizens. This is very important, because we need to know whether these prohibitions have success, or they are only formal and the state does not have the opportunity to control them. I think that other states now, before issuing such prohibitions, will review the experience of such countries and ultimately decide whether to impose such prohibitions in their state, or not.
These are small countries. I think this kind of special small ban will not have any effect on bitcoin. We should see more big countries now releasing positive signals. Tomorrow is the New York block chain summit. I can anticipate that the development of this industry will be accelerated.
Banning is always the worst thing to do, more in those countries that need to grow a strong economy. Cryptos can help a country in huge debt, especially when there are civil war inside them. Those governments can't realise what they're losing?
Many countries believe that bitcoin is a threat to the country. So governments banned bitcoins. Currently the countries banned bitcoin are:
1. Russia.
2. India.
3. Bolivia.
4. Philippines.
5. China.
1. Russia.
2. India.
3. Bolivia.
4. Philippines.
5. China.
Not only is this total sensationalism; those countries are irrelevant anyway! They probably don't even have the infrastructure to actually enforce it.
Actually true but even if they ban the bitcoins their citizens can still use especially when they are making purchases outside the country. They will have to restrict access to the internet if they want to enforce that ban and am sure they wouldn't dare do that. THIS ARE COUNTRIES THAT HAVE BANNED BITCOIN
1Thailand
2Taiwan
3china
3Russia
4Germany
Russia? Nothing is banned. We wait for the law which will be approximately in the summer. But really I don't wait for the good news.1Thailand
2Taiwan
3china
3Russia
4Germany
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