Category: Pre-2024 Worldwide Legislation

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,...

As of the available information prior to 2023, Palau’s stance on cryptocurrency regulation was marked by a significant absence of specific legal frameworks. This lack of regulation created a unique environment for cryptocurrency use and trading in the country. Legality without Regulation: In Palau, the use of cryptocurrencies, including...

South Africa, over the years leading up to 2023, has exhibited a growing interest in cryptocurrencies, backed by a supportive regulatory environment. The South African Reserve Bank (SARB) confirmed its stance of neither banning nor restricting the use of cryptocurrencies, creating a favorable atmosphere for blockchain developers, entrepreneurs, and...

As of the period leading up to 2024, Antigua and Barbuda presented a unique and evolving landscape in terms of cryptocurrency legislation. The country, located in the Caribbean, demonstrated a proactive approach to integrating cryptocurrencies into its financial and legal frameworks, although it did not have any legislation that...

The legislative landscape for cryptocurrencies in Jordan prior to 2023 presents an intriguing case of cautious regulatory approaches amidst the burgeoning global interest in digital assets. Jordan’s stance on cryptocurrencies has been largely conservative, influenced by its economic structure, regulatory priorities, and the broader stance of the Middle Eastern...

The legislative landscape for cryptocurrencies in Saint Vincent and the Grenadines (SVG) before 2023 provides an intriguing insight into how a small island nation engaged with the emerging and rapidly evolving world of digital finance. Known for its robust offshore financial services, SVG’s approach to cryptocurrency regulation reflects its...