Category: Pre-2024 Worldwide Legislation

Kazakhstan’s approach to cryptocurrency regulation leading up to 2024 is a unique case of a country strategically positioning itself as a global leader in cryptocurrency operations while navigating the complexities of this emerging market. Emergence as a Global Cryptocurrency Leader Kazakhstan experienced a significant surge in cryptocurrency operations, becoming...

The legislative landscape for cryptocurrencies in Iran, prior to 2023, presents a complex and evolving picture. Iran’s approach to cryptocurrency regulation has been shaped by its unique economic and geopolitical circumstances. The country’s initial stance was largely characterized by skepticism and caution, but over time, there has been a...

The legislative landscape for cryptocurrencies in Russia prior to 2023 is a complex narrative marked by evolving government stances, regulatory developments, and a burgeoning interest in digital finance. As a major global economy, Russia’s approach to cryptocurrency regulation has been closely watched, reflecting a balancing act between fostering technological...

As of the period leading up to 2024, Chad’s approach to cryptocurrency was characterized by a lack of specific legislation or regulation. This absence of formal guidelines created a unique environment for the use and trade of digital currencies like Bitcoin, Ethereum, Litecoin, and others in the country. Legal...

As of January 2022, Nepal presented a unique scenario in the global cryptocurrency context. The country did not have any specific legislation directly regulating cryptocurrencies, leading to an ambiguous legal status for these digital assets. The Nepal Rastra Bank (NRB), Nepal’s central regulatory authority for monetary and financial affairs,...

Government Support and PACTE Act France’s approach to cryptocurrency regulation prior to 2024 was significantly influenced by its support for blockchain technologies. The country emerged as a central European hub for crypto and blockchain companies, fostering an environment conducive to the growth of various digital asset-related businesses, including exchange...

South Korea’s legislative landscape regarding cryptocurrencies prior to 2024 presents a progressive and structured approach toward regulation, with a focus on legality, identity verification, and financial security. Early Regulations and Real-Name Trading System In January 2018, the South Korean government took a significant step towards regulating cryptocurrency trading. It...

The landscape of cryptocurrency regulation in Ireland prior to 2023 reflects a period of evolving perspectives and cautious advancement towards integrating digital assets into the country’s financial framework. Ireland’s approach to cryptocurrency regulation has largely been influenced by its commitment to aligning with European Union (EU) regulations and its...

Saint Kitts and Nevis, a dual-island nation known for its strong financial services sector, had an evolving and interesting approach to cryptocurrency regulation prior to 2023. This approach was shaped by the country’s economic landscape, its role as an international financial center, and the global shift towards digital assets....

Before 2024, the legislative landscape for cryptocurrencies in the Democratic Republic of Congo (DRC) was largely undefined, characterized by an absence of specific regulations or legal frameworks. This unregulated environment presented both opportunities and risks for cryptocurrency users in the DRC. Legal Status and Government Stance Cryptocurrencies like Bitcoin,...