Category: Pre-2024 Worldwide Legislation

As of the period leading up to 2023, the legislative landscape for cryptocurrencies in Comoros was characterized by a notable absence of specific laws or regulatory frameworks governing the use, trading, or mining of digital currencies. Absence of Specific Cryptocurrency Laws: In Comoros, there was no specific law that...

Slovenia, with its liberal stance towards digital currencies, presents a unique and evolving landscape for the regulation and use of cryptocurrencies. The country’s approach reflects a balance between embracing technological innovation and ensuring regulatory compliance to mitigate risks associated with digital assets. Legal Status and Regulatory Framework Cryptocurrencies, including...

As of 2023, China’s stance on cryptocurrency has been characterized by a complex and somewhat contradictory approach. The country, known for its stringent regulatory environment, has taken significant steps to both recognize and restrict the use of cryptocurrencies. Ban on Crypto Transactions and Mining China intensified its crackdown on...

As of the end of 2022, the Solomon Islands’ approach towards cryptocurrencies remained relatively undefined in terms of specific legislation. This Pacific archipelago nation had not yet fully integrated digital currencies into its legal and financial systems, resulting in a landscape where cryptocurrencies existed in a legal grey area....

Prior to 2024, Guinea-Bissau’s stance on cryptocurrencies was marked by a significant lack of specific legal frameworks and regulations. In this West African nation, the legality of cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Cardano, USDT, XRP, and Monero was not explicitly defined by law. This absence of specific...

Singapore’s approach to cryptocurrency regulation prior to 2024 was marked by a structured system governing digital payment token (DPT) providers under the Payment Services Act (PSA). The PSA, introduced in 2019, established a cohesive regulatory framework for DPT service providers in Singapore, overseen by the Monetary Authority of Singapore...

Before 2023, Croatia had a legal framework that allowed for the use, purchase, sale, and trading of cryptocurrencies, although these digital assets were not recognized as legal tender. The legislative and regulatory landscape was shaped by several key aspects: Legal Status of Cryptocurrencies: Cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin,...

In the period leading up to 2024, South Sudan presented a unique case in the cryptocurrency regulatory landscape, characterized by a lack of specific laws or regulations, an undefined legal status, and several associated risks and opportunities. Absence of Specific Cryptocurrency Laws As of the latest information available in...

As of 2023, Fiji’s approach to cryptocurrency regulation remains relatively undeveloped and complex. The country had not enacted specific regulations or legislation directly governing digital currencies, which led to a controversial legal status for cryptocurrencies in Fiji. This regulatory uncertainty was further complicated by various government actions and public...

Cryptocurrency Advertising Regulation In Spain, despite cryptocurrencies not being recognized as financial instruments, significant steps were taken to regulate cryptocurrency advertising. In March 2021, amendments to the Spanish Securities Markets Law were enacted specifically to regulate the advertisement of cryptocurrency services. This regulation aimed to protect Spanish investors from...