Bitcoin & Cryptocurrency Legality Map

Bitcoin ownership and trading are permitted in Faroe Islands, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Faroe Islands crypto-asset transfer rules

Bitcoin ownership and trading are permitted in United States Minor Outlying Islands, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: US Congressional Research Service cryptocurrency policy report

Bitcoin is legal to own and trade in United States of America, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: IRS digital asset reporting framework • U.S. Treasury final digital asset broker rules (2024)

Bitcoin is legal to own and trade in Japan, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Japan Payment Services Act (crypto-asset service provisions) • Japan FSA travel-rule scope update (2025)

Bitcoin ownership and trading are permitted in Seychelles, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Seychelles Virtual Asset Service Providers Act 2024

Bitcoin ownership and trading are not expressly prohibited in New Zealand, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: New Zealand IRD crypto tax treatment

Bitcoin is not legal tender in India, but ownership and trading are permitted under a taxed and monitored virtual-digital-asset regime.

India's Union Budget framework introduced dedicated VDA taxation and withholding provisions that materially affect crypto transaction flows.

Regulatory treatment continues to rely on existing tax, AML/CFT, and financial-surveillance controls rather than one comprehensive crypto code.

Last Updated: 2026-02-23

Sources: India Union Budget 2022: VDA tax framework announcement • India Budget implementation update on VDA/TDS provisions

Bitcoin is legal to own and trade in South Korea, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Korea FSC: Virtual Asset User Protection Act enforcement

Bitcoin is legal to own and trade in France, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Federated States of Micronesia from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Cuba, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Cuba Central Bank Resolution 215/2021

China currently maintains an explicit prohibition posture for core cryptocurrency market activity.

Authorities treat trading, promotion, or intermediation as unlawful or unauthorized under applicable financial or penal frameworks.

Banking support for crypto activity is generally unavailable, and compliance risk materially outweighs ordinary tax-planning considerations.

Last Updated: 2026-02-23

Sources: PBOC notice prohibiting virtual-currency trading activity • PBOC 2025 crackdown meeting update

Bitcoin is legal to own and trade in Portugal, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Scarborough Reef from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Brazil, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Brazil Central Bank virtual-asset resolutions (2025) • Brazil Law 14,478 framework

Bitcoin ownership and trading are not expressly prohibited in Ecuador, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Australia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: AUSTRAC digital currency exchange registration rules

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Kiribati from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Philippines, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: BSP Circular No. 1108 (VASP guidelines)

Bitcoin is legal to own and trade in Mexico, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Mexico FinTech Law (virtual assets chapter) • Mexico crypto framework analysis (GLI 2026)

Bitcoin is legal to own and trade in Spain, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is not legal tender in Maldives, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Maldives Monetary Authority crypto restriction reporting

Bitcoin is legal to own and trade in United Kingdom, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: FCA cryptoasset AML/CTF regime • FCA crypto promotions regime

Bitcoin is legal to own and trade in Greece, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are permitted in American Samoa, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: US Congressional Research Service cryptocurrency policy report

Bitcoin is legal to own and trade in Denmark, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Greenland from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Guam, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Guam money transmission law

Bitcoin ownership and trading are permitted in Northern Mariana Islands, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Northern Mariana Islands Tinian stablecoin law reporting

Bitcoin ownership and trading are permitted in Puerto Rico, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: US Congressional Research Service cryptocurrency policy report

Bitcoin ownership and trading are permitted in United States Virgin Islands, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: USVI cryptocurrency services licensure bulletin

Bitcoin is legal to own and trade in Canada, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: FINTRAC MSB registration and virtual-currency obligations

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Sao Tome and Principe from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in United Republic of Tanzania, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Argentina, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Cape Verde, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Cape Verde Law 30/X/2023 virtual assets

Bitcoin ownership and trading are permitted in Dominica, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Dominica Virtual Asset Business Act 2022

Bitcoin is legal to own and trade in Netherlands, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Yemen, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Yemen unlicensed wallets and payment services circular

Bitcoin ownership and trading are not expressly prohibited in Jamaica, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Samoa, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Central Bank of Samoa cryptocurrency warning

Bitcoin ownership and trading are permitted in Oman, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Oman FSA VASP registration decision

Bitcoin ownership and trading are permitted in Saint Vincent and the Grenadines, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: SVG FSA virtual asset businesses framework

Bitcoin is legal to own and trade in Turkey, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Turkey regulation banning crypto use in payments

Bangladesh currently maintains an explicit prohibition posture for core cryptocurrency market activity.

Authorities treat trading, promotion, or intermediation as unlawful or unauthorized under applicable financial or penal frameworks.

Banking support for crypto activity is generally unavailable, and compliance risk materially outweighs ordinary tax-planning considerations.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Solomon Islands, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Solomon Islands position on cryptocurrencies

Bitcoin ownership and trading are permitted in Saint Lucia, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Saint Lucia Virtual Asset Business Act

Bitcoin ownership and trading are permitted in Nauru, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Nauru digital asset regulator reporting

Bitcoin is legal to own and trade in Norway, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Saint Kitts and Nevis, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: St Kitts and Nevis Virtual Asset Act 2020

Bitcoin ownership and trading are permitted in Bahrain, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Bahrain CBB crypto-asset rulebook

Bitcoin ownership and trading are permitted in Tonga, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: National Reserve Bank of Tonga cryptocurrency awareness

Bitcoin is legal to own and trade in Finland, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is legal to own and trade in Indonesia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Indonesia transfer of crypto supervision to OJK/BI (2025)

Bitcoin is legal to own and trade in Mauritius, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Sweden, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Trinidad and Tobago, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Malaysia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Malaysia SC DAX framework consultation (2025)

Bitcoin ownership and trading are permitted in The Bahamas, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Bahamas Digital Assets and Registered Exchanges Act 2024

Bitcoin ownership and trading are permitted in Palau, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Palau Stablecoin pilot FAQ

Bitcoin ownership and trading are permitted in Iran, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Iran crypto regulation overview

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Tuvalu from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Marshall Islands, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: IMF report noting repeal of Marshall Islands SOV Act

Bitcoin is legal to own and trade in Chile, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Thailand, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Thailand emergency decree amendment on digital assets (2025)

Bitcoin ownership and trading are permitted in Grenada, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Grenada GARFIN virtual asset service providers

Bitcoin is legal to own and trade in Estonia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are permitted in Antigua and Barbuda, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Antigua and Barbuda Digital Assets Business Act overview

Bitcoin is legal to own and trade in Taiwan, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Taiwan AML registration regime for VASPs

Bitcoin ownership and trading are not expressly prohibited in Barbados, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Barbados FSC VASP consultation paper

Bitcoin is legal to own and trade in Italy, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is legal to own and trade in Malta, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Papua New Guinea, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Bank of Papua New Guinea crypto warning

Bitcoin is legal to own and trade in Germany, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are permitted in Vanuatu, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Vanuatu Virtual Asset Service Providers Act 2025

Bitcoin is not legal tender in Equatorial Guinea, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: COBAC CEMAC crypto-assets prohibition for financial institutions

Bitcoin is legal to own and trade in Cyprus, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Comoros, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: FATF Comoros mutual evaluation report 2024

Fiji maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Reserve Bank of Fiji VASP prohibition press release

Bitcoin is legal to own and trade in Russia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is not legal tender in Uganda, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Bank of Uganda cryptocurrency restriction reporting

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Vatican from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in San Marino, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: San Marino Delegated Decree 138/2024 DLT and crypto-assets

Bitcoin is legal to own and trade in Kazakhstan, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Azerbaijan, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Azerbaijan Central Bank virtual asset AML regulation

Bitcoin ownership and trading are permitted in Armenia, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Armenia CBA crypto-asset service providers

Bitcoin ownership and trading are permitted in Tajikistan, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Tajikistan crypto-assets regulatory architecture

Bitcoin ownership and trading are not expressly prohibited in Lesotho, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Lesotho cryptocurrency statement

Bitcoin is legal to own and trade in Uzbekistan, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Morocco currently maintains an explicit prohibition posture for core cryptocurrency market activity.

Authorities treat trading, promotion, or intermediation as unlawful or unauthorized under applicable financial or penal frameworks.

Banking support for crypto activity is generally unavailable, and compliance risk materially outweighs ordinary tax-planning considerations.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Colombia, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for East Timor from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Cambodia applies material financial-sector restrictions to cryptocurrency activity, including limits on banking or payment-system intermediation.

Ownership may exist in practice, but regulated institutions face constraints serving crypto flows under current supervisory policy.

As a result, operational access is constrained and legal/tax outcomes depend heavily on local enforcement posture and channel used.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is not legal tender in Saudi Arabia, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Saudi standing committee virtual currency warning

Bitcoin ownership and trading are permitted in Pakistan, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Pakistan SBP circular for PVARA-licensed VASPs

Bitcoin is legal to own and trade in United Arab Emirates, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Dubai VARA rulebook update (2025) • ADGM FSRA digital asset framework amendments (2025)

Bitcoin ownership and trading are permitted in Kenya, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Central Bank of Kenya VASP Act 2025 notice

Bitcoin ownership and trading are not expressly prohibited in Peru, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is not legal tender in Dominican Republic, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Dominican Republic Central Bank crypto statement

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Haiti from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Angola, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Mozambique, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Mozambique virtual assets legal framework overview

Bitcoin ownership and trading are not expressly prohibited in Panama, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Costa Rica, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

El Salvador approved Bitcoin-law amendments on January 29, 2025 that removed mandatory acceptance and narrowed how bitcoin is used in the domestic legal framework.

Bitcoin ownership and private transactions remain lawful, but the operating regime now functions as legal-with-restrictions rather than full legal-tender implementation.

Banking and tax treatment are compliance-driven, and public-sector payment obligations are no longer structured around mandatory bitcoin settlement.

Last Updated: 2026-02-23

Sources: CNN en Español reporting on El Salvador Bitcoin-law reform (Jan 2025) • Diario El Mundo summary of approved El Salvador Bitcoin-law amendments (Jan 2025)

Bitcoin is legal to own and trade in Bolivia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Bolivia BCB virtual-asset framework (R.D. 082/2024)

Bitcoin is legal to own and trade in Croatia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are permitted in Belize, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Belize FSC Digital Asset Services Licensing Regulations 2025

Bitcoin is legal to own and trade in South Africa, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Libya maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Libya Central Bank virtual currency warning reporting

Bitcoin ownership and trading are not expressly prohibited in Sudan, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Sudan cryptocurrency warning reporting

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Democratic Republic of the Congo from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Kuwait maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Kuwait CMA Circular 10/2023 virtual assets prohibition

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Eritrea from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Ireland, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for North Korea from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Venezuela, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is not legal tender in Guyana, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Guyana FIU virtual assets and VASP risk assessment

Bitcoin is not legal tender in Honduras, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Honduras CNBS Circular 003/2024 on virtual assets

Myanmar maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Myanmar Central Bank crypto trading warning

Bitcoin is not legal tender in Gabon, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: COBAC CEMAC crypto-assets prohibition for financial institutions

Bitcoin ownership and trading are not expressly prohibited in Nicaragua, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Malawi, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: East and West Africa cryptocurrency legal overview

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Somaliland from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Turkmenistan, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Turkmenistan Law on Virtual Assets

Bitcoin ownership and trading are permitted in Zambia, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Zambia FIC virtual asset service provider obligations

Bitcoin ownership and trading are not expressly prohibited in Northern Cyprus, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Northern Cyprus cryptocurrency legal status overview

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Mauritania from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Algeria currently maintains an explicit prohibition posture for core cryptocurrency market activity.

Authorities treat trading, promotion, or intermediation as unlawful or unauthorized under applicable financial or penal frameworks.

Banking support for crypto activity is generally unavailable, and compliance risk materially outweighs ordinary tax-planning considerations.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Lithuania, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is not legal tender in Ethiopia, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: National Bank of Ethiopia P2P virtual asset notice

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Somalia from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Ghana, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Bank of Ghana virtual assets policy position

Bitcoin is legal to own and trade in Slovenia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Guatemala, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Library of Congress cryptocurrency regulation report

Bitcoin ownership and trading are not expressly prohibited in Bosnia and Herzegovina, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Jordan applies material financial-sector restrictions to cryptocurrency activity, including limits on banking or payment-system intermediation.

Ownership may exist in practice, but regulated institutions face constraints serving crypto flows under current supervisory policy.

As a result, operational access is constrained and legal/tax outcomes depend heavily on local enforcement posture and channel used.

Last Updated: 2026-02-23

Sources: Central Bank of Jordan published crypto-service prohibitions

Bitcoin ownership and trading are permitted in Monaco, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Monaco Law 1.528 crypto-asset service providers

Bitcoin is legal to own and trade in Albania, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Uruguay, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Uruguay Law 20.345 regulating virtual assets

Bitcoin ownership and trading are permitted in Mongolia, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Mongolia VASP legal procedures overview

Bitcoin ownership and trading are permitted in Rwanda, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Rwanda virtual assets legalization reporting

Bitcoin is not legal tender in Cameroon, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: COBAC CEMAC crypto-assets prohibition for financial institutions

Bitcoin is not legal tender in Republic of Congo, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: COBAC CEMAC crypto-assets prohibition for financial institutions

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Western Sahara from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Republic of Serbia, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Serbia digital assets legal regulation overview

Bitcoin ownership and trading are permitted in Montenegro, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Montenegro crypto-asset AML registration overview

Bitcoin ownership and trading are not expressly prohibited in Benin, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Nigeria permits bitcoin activity through supervised channels, and the previous blanket bank-service barrier has shifted toward controlled VASP access.

The central bank issued operational guidance for VASP-linked bank accounts, while the SEC rules architecture places digital-asset activities within securities supervision pathways.

In practice, market access depends on compliance onboarding, AML/CFT controls, and provider licensing or regulatory recognition status.

Last Updated: 2026-02-23

Sources: CBN VASP banking-account guidelines (Dec 2023) • Nigeria SEC rules and regulations landing (digital asset framework access)

Bitcoin ownership and trading are not expressly prohibited in Togo, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Afghanistan maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Afghanistan crypto ban reporting

Bitcoin ownership and trading are not expressly prohibited in Ukraine, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Slovakia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is legal to own and trade in Bulgaria, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Qatar applies material financial-sector restrictions to cryptocurrency activity, including limits on banking or payment-system intermediation.

Ownership may exist in practice, but regulated institutions face constraints serving crypto flows under current supervisory policy.

As a result, operational access is constrained and legal/tax outcomes depend heavily on local enforcement posture and channel used.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Liechtenstein, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Liechtenstein FMA Token and TT Service Provider Act

Bitcoin is legal to own and trade in Austria, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Swaziland, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Eswatini cryptocurrency survey

Bitcoin is legal to own and trade in Hungary, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is legal to own and trade in Romania, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are permitted in Andorra, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Andorra Law 24/2022 digital assets overview

Bitcoin ownership and trading are not expressly prohibited in Ivory Coast, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Bitcoin ownership and trading are not expressly prohibited in Liberia, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Liberia cryptocurrency warning

Bitcoin ownership and trading are not expressly prohibited in Brunei, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Belgium, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin is not legal tender in Iraq, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Iraq Central Bank crypto restrictions overview

Bitcoin is legal to own and trade in Georgia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Gambia from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Switzerland, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is not legal tender in Chad, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: COBAC CEMAC crypto-assets prohibition for financial institutions

Bitcoin ownership and trading are permitted in Kosovo, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Kosovo CBK crypto-asset operator licensing regulation

Lebanon applies material financial-sector restrictions to cryptocurrency activity, including limits on banking or payment-system intermediation.

Ownership may exist in practice, but regulated institutions face constraints serving crypto flows under current supervisory policy.

As a result, operational access is constrained and legal/tax outcomes depend heavily on local enforcement posture and channel used.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Djibouti from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Burundi maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Burundi cryptocurrency ban reporting

Bitcoin ownership and trading are not expressly prohibited in Suriname, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Suriname CBvS VASP framework update

Bitcoin is legal to own and trade in Israel, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Mali, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Bitcoin ownership and trading are not expressly prohibited in Senegal, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Bitcoin ownership and trading are not expressly prohibited in Guinea Bissau, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Guinea from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Zimbabwe, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Poland, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are not expressly prohibited in Macedonia, but there is no fully enacted dedicated crypto statute in force.

Regulators generally rely on existing AML/CFT, payments, consumer, and tax rules rather than a bespoke licensing perimeter.

Banking access is typically institution-dependent, and tax outcomes follow ordinary income or gains principles where taxable events are recognized.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Paraguay, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Paraguay Law 7572/2025 securities and DLT assets

Bitcoin is legal to own and trade in Belarus, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Latvia, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Bank of Latvia crypto-asset service provider authorization

Bitcoin ownership and trading are not expressly prohibited in Syria, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Central Bank of Syria digital currency warning reporting

Bitcoin ownership and trading are not expressly prohibited in Burkina Faso, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Bitcoin ownership and trading are not expressly prohibited in Niger, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: BCEAO blockchain and crypto-assets brief

Bitcoin is legal to own and trade in Namibia, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Tunisia maintains an explicit prohibition posture for cryptocurrency or virtual-asset activity based on the cited source.

The restriction may apply to trading, payments, mining, service provision, or other virtual-asset transactions depending on the local rule.

Newhedge classifies this jurisdiction as illegal or banned until a source-backed reform changes the legal position.

Last Updated: 2026-06-01

Sources: Library of Congress Tunisia cryptocurrency report

Bitcoin is legal to own and trade in Kyrgyzstan, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are not expressly prohibited in Moldova, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Moldova crypto-assets market law draft overview

Bitcoin ownership and trading are not expressly prohibited in South Sudan, but Newhedge has not verified a dedicated enacted crypto licensing framework or full virtual-asset regime.

Cryptoassets are not legal tender, and activity may still fall under general AML/CFT, tax, payments, securities, or consumer-protection rules.

This status should be treated as no formal crypto status rather than an endorsement of unrestricted activity.

Last Updated: 2026-06-01

Sources: Bank of South Sudan virtual currency warning reporting

Central African Republic no longer grants Bitcoin legal-tender status after the 2023 reversal, but crypto use is not treated as a full criminal prohibition.

Activity remains constrained by regional monetary and supervisory rules, so practical access is compliance-dependent and banking rails can be limited.

This places the country in a legal-with-restrictions posture rather than a legal-tender regime.

Last Updated: 2026-02-23

Sources: HCCH Annex V (2024) noting CAR removed legal-tender status in March 2023 • Reuters reporting on CAR ending Bitcoin legal-tender status (July 2023)

Bitcoin ownership and trading are permitted in Botswana, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Botswana Virtual Assets Act 2022

Bitcoin is legal to own and trade in Singapore, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Vietnam, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Sierra Leone from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Newhedge has not yet verified a current enacted Bitcoin-specific legal framework for Madagascar from primary domestic authorities.

Any local activity may still be captured by broader payments, securities, AML/CFT, tax, or foreign-exchange rules.

Because policy can change quickly, this country is treated as unverified for regulatory and tax-risk purposes pending jurisdiction-specific legal confirmation.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is legal to own and trade in Iceland, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Egypt currently maintains an explicit prohibition posture for core cryptocurrency market activity.

Authorities treat trading, promotion, or intermediation as unlawful or unauthorized under applicable financial or penal frameworks.

Banking support for crypto activity is generally unavailable, and compliance risk materially outweighs ordinary tax-planning considerations.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin is not legal tender in Sri Lanka, and the cited authority restricts or prohibits banks, supervised financial institutions, payment providers, or other regulated entities from facilitating virtual-asset activity.

Private ownership or peer-to-peer use may remain legally unclear unless separately prohibited, but access through regulated financial channels is constrained.

Newhedge classifies this as legal with a bank or financial-sector ban for display purposes.

Last Updated: 2026-06-01

Sources: Central Bank of Sri Lanka cryptocurrency risk notice

Nepal currently maintains an explicit prohibition posture for core cryptocurrency market activity.

Authorities treat trading, promotion, or intermediation as unlawful or unauthorized under applicable financial or penal frameworks.

Banking support for crypto activity is generally unavailable, and compliance risk materially outweighs ordinary tax-planning considerations.

Last Updated: 2026-02-23

Sources: Library of Congress Global Legal Monitor (country legal developments) • Global Legal Insights (country-level legal reporting)

Bitcoin ownership and trading are permitted in Laos, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Laos licensed crypto trial overview

Bitcoin is legal to own and trade in Czech Republic, but activity is subject to licensing, AML/CFT controls, and conduct rules.

Recent reforms in many jurisdictions have tightened market supervision, customer-protection requirements, and service-provider obligations.

Banking access is generally available for compliant operators, and tax treatment follows domestic income/capital-gain rules based on transaction facts.

Last Updated: 2026-02-23

Sources: EU MiCA Regulation (EUR-Lex) • ESMA guidance on non-MiCA-compliant stablecoins (2025)

Bitcoin ownership and trading are permitted in Bhutan, but virtual-asset services, exchanges, custody, issuance, mining, or regulated intermediaries are subject to licensing, registration, AML/CFT controls, or other supervisory requirements.

Bitcoin is not legal tender, and regulated businesses should rely on the cited authority before offering local services.

Newhedge classifies this jurisdiction as legal with restrictions because activity is allowed only within a compliance framework or under regulator oversight.

Last Updated: 2026-06-01

Sources: Bhutan RMA notice on crypto activities