Crypto Regulations Around the World
Today, globally, we are facing a patchwork of regulations made up of diverse regulatory approaches across countries.
Among the 80 countries analyzed, 57 have legalized cryptocurrencies, while around 14 have partial bans, and 9 have general bans. Interestingly, there is a weak correlation between cryptocurrency adoption rates and regulatory restrictiveness. For instance, 12 of the top 20 countries in cryptocurrency adoption have partial or general bans in place.
Emerging-market economies tend to lag behind advanced economies in terms of regulatory development. In many cases, this is due to a lack of resources or expertise to address the complexities of the digital asset market.