In 2025, Brazil is shaping its regulatory landscape for cryptocurrencies as directed by the Brazilian Virtual Assets Law (BVAL). The law became effective in 2023, and it is currently focusing on ensuring transparency, preventing money laundering, and protecting consumers from fraudsters. Brazil has legalised cryptocurrencies like Bitcoin, but they are not considered legal tender. The …
The Cayman Islands is a popular choice for crypto funds due to its well-structured jurisdiction, which creates a defined regulatory framework for digital assets. Major cryptocurrency exchanges, such as Coinbase and Binance, have already secured a license in the Cayman Islands to leverage the jurisdiction’s credibility. Table of contentsCrypto Regulations in the Cayman Islands What Is …
Mexico is one of the first countries in Latin America to enact laws regulating financial technological institutions, also known as fintech law. With no specific cryptocurrency law, Mexico continues to evolve its regulatory systems in 2025, impacting financial institutions and individuals in the crypto space. Since 2018, the Mexican government has legalized virtual assets, including …
In 2025, Chile is evolving its regulatory framework for fintech, cryptocurrency, and potential Bitcoin reserves. The Central Bank of Chile has even issued a central bank digital currency (CBDC) to facilitate swift crypto transactions. The primary crypto law in Chile is its ‘Fintech Law’ (Law no.21.521), which works on fostering financial innovation and inclusion. Currently, …
As of 2025, Bolivia’s crypto regulations are evolving dramatically, from a historical ban to allow banks to operate crypto. While trading or owning stablecoins has been legalized in Bolivia, their use for business payments is not permitted, and they are not considered legal tender. Stablecoins transactions in Bolivia are only allowed via an authorized bank. …
The Dominican Republic does not have any specific crypto laws, and the Central Bank of the country does not consider crypto assets as legal currency. Any entity operating a digital asset must do it at its own risk. Despite not regulating any crypto law, it is expected by the users to follow anti-money laundering (AML)and …
The Netherlands is often regarded as a crypto-friendly country due to its robust regulatory framework for cryptocurrencies. While owning and trading cryptocurrency is legal in the Netherlands, it does not have any specific concrete regulations governing digital assets. Since the Netherlands is a part of the European Union (EU), it has incorporated with EU’s crypto …
The British Virgin Islands (BVI) is a popular jurisdiction of choice for cryptocurrency businesses. It has legalized crypto-related activity since 2023. BVI has set various laws and regulations to develop the crypto ecosystem. Its legislation aligns with global standards set by the Financial Action Task Force (FATF) to provide clarity and oversight for crypto trading. …
Ukraine is widely considered a crypto-friendly country because of its high global adoption rates and government support. In 2022, President Zelensky signed the virtual assets bill into law, creating a legal foundation for the crypto market. As of 2025, the government is actively working to develop the cryptocurrency regulatory framework with new laws to evolve …
In 2025, Thailand released a string of crypto developments, including– enhancing customer protection, transparency, innovation, taxation, and market revenue. The Thai government is implementing new policies to foster growth in the digital asset space as it aspires to become prominent in the digital finance and cryptocurrency space. Table of contentsCrypto regulations in Thailand 2025 What is …
New Zealand has a unique crypto approach; it treats digital currencies as property rather than actual money. Crypto trading became legal in 2018 when New Zealand recognized it as property for tax purposes. The nation opts for clever crypto approaches, as the interest in digital asset investments is growing rapidly. As of 2025, New Zealand …
Italy has established an organized framework for crypto regulations as part of the European Union (EU). Driven by the EU’s Market in Crypto Asset Regulation (MiCAR) standards, Italy can now benefit from the provisions of investor protection, transparent practices, and stablecoin guidelines, contributing to a secure environment for crypto and other digital currencies. As of …
Nigeria usually ranks among the top countries in terms of crypto adoption. The country that instructed banks and other financial institutions to avoid using, holding, or transacting virtual assets in 2017 has now built a regulatory framework to consider crypto as securities in 2025. Individuals can now use crypto as money to buy goods and …
In 2025, Indonesia made a big shift in its crypto regulatory framework oversight as it transitioned from Bappebti to OJK. The Indonesian crypto market is experiencing significant growth in transaction volume and user numbers, driven by a tech-savvy population and increasing interest in digital assets. Indonesia has legalized the trading of crypto but has reasonably …
With a large and active crypto market, Turkey ranks fourth globally in terms of crypto trading volume. The robust regulatory framework, combined with market growth, has made the nation one of the major players in the cryptocurrency market in 2025. While trading crypto is legal in Turkey, using it for payments is prohibited. Lately, Turkey …
Unlike most countries in the world, Morocco has not legalized cryptocurrency. Up until the previous year, Morocco adopted the ‘wait and see’ approach to regulate the crypto industry. However, in late 2024, the country released a statement that it is preparing to legalize cryptocurrency under the federal government. Recently, the Central bank released new updates …
Bangladesh is one of the countries to hold a strict stance against crypto. In 2017, the government declared cryptocurrency illegal and warned against its use. While other countries are pushing forward their crypto regulatory framework, intensifying global competition, Bangladesh took a step back and banned all crypto usage and possession due to the risks of …
After years of unregulated crypto use, Japan became the first economy to formally recognize Bitcoin as a legal payment method through the Payment Services Act (PSA) 2017. As of 2025, Japan has developed one of the most comprehensive and proactive regulatory frameworks for cryptocurrency. Currently, Japan is actively working on classifying crypto assets as financial …
The Philippines has emerged as one of Southeast Asia’s most progressive nations in embracing digital assets. It all began in 2017 when the Bangko Sentral ng Pilipinas (BSP) introduced a formal regulatory framework for virtual currency exchanges and crypto-to-fiat service providers. This bold move not only legitimized cryptocurrency activity but also laid the groundwork for …
China was among the earliest countries to enthusiastically embrace cryptocurrency. The country was one of the largest markets for crypto as the popularity of Bitcoin and Ethereum grew among the citizens. As the demand for crypto grew, China tightened its rules and regulations to maintain stability and protection. As of 2025, China has implemented one …
Digital assets and cryptocurrencies are recognized as financial instruments in Gergamy, and they have gained significant popularity in recent years. With the increasing number of Germans investing in crypto assets, it has become crucial for the government to create a regulatory framework to maintain stability and protect investors. As of 2025, Germany is implementing MiCA …
Mata is often referred to as the “Blockchain Island” due to its proactive stance on cryptocurrency and digital assets. The country has created a regulatory framework that fosters innovation while providing clarity for businesses and investors in the crypto space. Now, in 2025, Malta has positioned itself as a crypto hub as it continues to …
Australia is one of the most favorable regions to operate crypto-related activities. It has enacted a series of rules to mandate strict compliance with consumer protection and investors’ rights. It is a crypto-friendly country with a supportive stance towards innovation in blockchain technology and cryptocurrency. As of 2025, Australia is enhancing transparency to prohibit misleading …
An a exponential rise in the usage of cryptocurrency in Argentina,IT is estimated that over 1.3 million people currently use crypto in Argentina and 2.94% of its population is now adopted crypto. from 2019 the temperature of crypto in the country is been rising continuously by creating a timeline for Bitcoin acceptance and other alternative …
In Malaysia, buying and owning crypto is legal, but it is not considered legal tender by the federal government. The country does not recognize cryptocurrency as a payment instrument, but rather as a security under the Prescription Order 2019. Currently, the Securities Commission Malaysia (SC) is actively developing a framework for digital assets, including public …
In 2025, South Africa is thriving in the cryptocurrency landscape, with new laws providing more clarity as it integrates cryptocurrency into real estate transactions. South Africa’s crypto laws are a balance of innovation and security, as the country prioritizes protecting investors. Now, with new rules and regulations, South Africa is soon to emerge as a …
The crypto landscape in Vietnam has experienced a significant transition from an unregulated to a regulated one. Since 2017, Vietnam has been working on regulating cryptocurrency within a modern framework, and this effort is still ongoing as of 2025. Therefore, cryptocurrency is not banned in Vietnam; however, it is neither legally considered nor protected as …
Since the PACTE Law was passed in 2019, crypto trading and owning have become legal in France. After establishing a legal framework for cryptocurrency, France introduced new and stricter laws to regulate it within the country. As of 2025, France has emerged as one of the crypto-friendly countries in Europe because of its strong tech …
South Korea is one of the leading crypto hubs with a proactive approach to digital assets. It is actively involved in creating a structured, innovative, and robust regulatory framework for the crypto industry. In 2025, the nation will continue to prioritize transparency and security in its digital economy by tightening the existing rules. Table of …
Canada was one of the first countries to enact crypto regulations, starting with anti-money laundering (AML) compliance in 2014. Since then, it has continued to refine its crypto regulations, balancing innovation with security with its robust crypto regulations framework. As of 2025, Canada has not released any new crypto-related laws, it is rather focusing on …