Retail Trading Status

Retail cryptocurrency trading is explicitly prohibited in Afghanistan, enforced by the Taliban regime since August 2021 due to religious and economic ...

Retail cryptocurrency trading is explicitly prohibited in Afghanistan, enforced by the Taliban regime through Da Afghanistan Bank (DAB) since August 2...

Albania permits and regulates retail cryptocurrency trading. Law No. 66/2020, the 'Law on Financial Markets Based on Distributed Ledger Technology,' e...

Albania permits and regulates retail cryptocurrency trading under Law No. 66/2020, enacted in 2020, which establishes a legal framework for licensing ...

Retail cryptocurrency trading is explicitly prohibited in Algeria, as per Article 117 of the Financial Law of 2018. This law bans the purchase, sale, ...

Retail cryptocurrency trading, possession, and use are strictly illegal in Algeria. The country recently reinforced its prohibition through Law No. 25...

In Andorra, individuals are legally permitted to engage in cryptocurrency trading, subject to a developing regulatory framework primarily based on Law...

Cryptocurrency trading is legal and actively regulated in Andorra under the Digital Assets Act (Law 24/2022). The Andorran Financial Authority (AFA) o...

Angola's approach to retail cryptocurrency trading is permissive by omission rather than design. The market operates without specific regulations for ...

Retail cryptocurrency trading in Angola exists in a regulatory gray zone where it is not explicitly criminalized for individuals, but the ecosystem is...

Retail cryptocurrency trading is legally permitted in Anguilla and is subject to a developing regulatory framework. The Anguilla Financial Services Co...

Retail cryptocurrency trading is legal and regulated in Anguilla under a comprehensive legislative framework that includes the Anguilla Utility Token ...

The retail trading status of cryptocurrency in Antarctica is 'Unclear' due to its unique geopolitical situation. Antarctica lacks a sovereign governme...

The retail cryptocurrency trading status in Antarctica is 'Unclear' due to its unique geopolitical situation. Antarctica lacks a sovereign government ...

Antigua and Barbuda legally permits retail cryptocurrency trading and has established a regulatory framework through the Digital Assets Business Act (...

Retail cryptocurrency trading is legal and regulated in Antigua and Barbuda under the Digital Assets Business Act 2020 (DABA). The Financial Services ...

Retail cryptocurrency trading is legally permitted in Argentina, though the regulatory environment is evolving with a focus on AML/CFT and consumer pr...

Cryptocurrency activities in Argentina are legal and formally regulated under a comprehensive framework established by Law 27.739 and overseen by the ...

Armenia is in the process of establishing a robust regulatory ecosystem for crypto-assets. The recent passing of the "Law on Crypto-Assets" signifies ...

Retail cryptocurrency trading is legal and formally regulated in Armenia following the enactment of the comprehensive 'Law on Crypto-Assets' in July 2...

As of June 2025, retail cryptocurrency trading in Aruba is 'Allowed-Unregulated,' meaning there are no specific laws prohibiting individuals from buyi...

As of December 2025, retail cryptocurrency trading in Aruba is 'Allowed-Unregulated,' meaning there are no specific laws prohibiting individuals from ...

Retail trading of cryptocurrencies is allowed in Australia but is subject to increasing regulation focused on consumer protection, market integrity, a...

Cryptocurrency trading is legal and regulated in Australia, with a dual-layer framework currently in transition. As of late 2025, Digital Currency Exc...

Retail cryptocurrency trading is legally permitted in Austria and is subject to specific regulations. The Austrian Financial Market Authority (FMA) su...

Retail cryptocurrency trading is fully legal and regulated in Austria under a comprehensive framework that aligns with the EU's Markets in Crypto-Asse...

As of June 2025, retail cryptocurrency trading in Azerbaijan is 'Allowed-Unregulated,' meaning citizens can buy, sell, and hold cryptocurrencies, but ...

As of December 2025, retail cryptocurrency trading in Azerbaijan remains 'Allowed-Unregulated.' Citizens and residents are not prohibited from buying,...

The Bahamas permits retail trading of cryptocurrencies under a comprehensive regulatory framework established by the Digital Assets and Registered Exc...

Retail cryptocurrency trading is legal and comprehensively regulated in The Bahamas under the Digital Assets and Registered Exchanges (DARE) Act, 2024...

Bahrain legally permits retail trading of cryptocurrencies under a comprehensive regulatory framework enforced by the Central Bank of Bahrain (CBB). T...

Cryptocurrency trading is fully legal and regulated in Bahrain under a comprehensive framework established by the Central Bank of Bahrain (CBB). The C...

In Barbados, individuals and businesses are legally permitted to buy, sell, and trade cryptocurrencies. The regulatory oversight is primarily exercise...

Retail cryptocurrency trading is legal and regulated in Barbados under a dual-framework system. Security tokens and digital asset exchanges are regula...

Retail cryptocurrency trading is legally permitted in Belarus and regulated under a framework established by Decree No. 8

Retail cryptocurrency trading is legal in Belarus but strictly confined to a domestic 'walled garden' of licensed platforms. While the landmark Decree...

In Belgium, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, subject to a growing body of regulations....

Cryptocurrency trading is legal in Belgium and formally regulated by the Financial Services and Markets Authority (FSMA). Service providers (VASPs) mu...

Retail cryptocurrency trading in Benin exists in a "Gray-Zone," as there are no explicit laws banning it, but no specific regulations licensing or ove...

Retail cryptocurrency trading in Benin operates in a regulatory gray zone. While the country recently enacted Law No. 2024-01 (February 2024) which fo...

Bermuda has a comprehensive regulatory framework for digital assets, making retail cryptocurrency trading legal and regulated. The Bermuda Monetary Au...

Cryptocurrency activities, including retail trading, are fully legal and comprehensively regulated in Bermuda under the Digital Asset Business Act 201...

Retail cryptocurrency trading in Bhutan operates in a "Gray-Zone," not explicitly banned but significantly restricted. The Royal Monetary Authority (R...

Retail cryptocurrency trading in Bhutan exists in a state of restricted legality, characterized by a stark divide between state-sponsored initiatives ...

Bolivia, after initially banning cryptocurrencies, now permits regulated trading. The Central Bank of Bolivia (BCB) lifted the ban in June 2024, allow...

Retail cryptocurrency trading is legal and formally regulated in Bolivia following the lifting of the complete ban in June 2024. The Central Bank of B...

Retail trading of cryptocurrencies is legally permitted in Bonaire, Sint Eustatius, and Saba (BES Islands) but is subject to AML/CFT regulations. De N...

Retail trading of cryptocurrencies is legally permitted in Bonaire, Sint Eustatius, and Saba (BES Islands) but is subject to AML/CFT regulations. De N...

In Botswana, retail trading of cryptocurrencies is legally permitted but regulated. The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) ...

Retail cryptocurrency trading is explicitly legal and regulated in Botswana following the enactment of the Virtual Assets Act in February 2022. The No...

The retail trading status of cryptocurrency in Bouvet Island is 'Unclear' due to the island being uninhabited. Bouvet Island is a dependency of Norway...

The retail cryptocurrency trading status in Bouvet Island is 'Unclear' due to the island being uninhabited. As a dependency of Norway, Norwegian laws,...

Retail cryptocurrency trading is legally permitted in Brazil under a developing regulatory framework. The Central Bank of Brazil (BCB) is the primary ...

Retail cryptocurrency trading is fully legal and regulated in Brazil under a comprehensive federal framework established by Law No. 14.478 (the 'Marco...

The retail cryptocurrency trading status in the British Indian Ocean Territory (BIOT) is 'Unclear' due to the absence of a permanent civilian populati...

The retail cryptocurrency trading status in the British Indian Ocean Territory (BIOT) is 'Unclear'. This is due to the absence of a permanent civilian...

As of June 2025, retail cryptocurrency trading in Brunei Darussalam is allowed but unregulated. The Brunei Darussalam Central Bank (BDCB) does not rec...

As of December 2025, retail cryptocurrency trading in Brunei Darussalam is allowed but unregulated. The Brunei Darussalam Central Bank (BDCB) does not...

Retail cryptocurrency trading is legally permitted and regulated in Bulgaria. The Financial Supervision Commission (FSC) is the primary regulator for ...

Retail cryptocurrency trading is fully legal and regulated in Bulgaria. As of July 2025, the country has implemented the EU's Markets in Crypto-Assets...

Retail trading of cryptocurrencies in Burkina Faso exists in a 'Gray-Zone,' meaning it's neither explicitly permitted nor prohibited. The BCEAO influe...

Retail cryptocurrency trading in Burkina Faso operates in a legal gray zone. While there is no specific national legislation criminalizing the possess...

Retail cryptocurrency trading is explicitly prohibited in Burundi by the Bank of the Republic of Burundi (BRB) since 2019 due to concerns about invest...

Retail cryptocurrency trading is explicitly banned in Burundi. The Bank of the Republic of Burundi (BRB) issued a strict directive in 2019 prohibiting...

Retail cryptocurrency trading is legally permitted but regulated in Cabo Verde, primarily through AML/CFT measures. The Banco de Cabo Verde (BCV) over...

Retail cryptocurrency trading is legally permitted and regulated in Cabo Verde. The Banco de Cabo Verde (BCV) is the primary regulator, requiring Virt...

Retail cryptocurrency trading in Cambodia exists in a 'Gray-Zone.' While not explicitly banned for individuals, the National Bank of Cambodia (NBC) an...

Retail cryptocurrency trading in Cambodia exists in a 'Gray-Zone.' While not explicitly banned for individuals, the National Bank of Cambodia (NBC) an...

As of June 2025, Cameroon's retail crypto trading environment is characterized by a "gray-zone" status. While the use and trading of cryptocurrencies ...

Retail cryptocurrency trading in Cameroon exists in a regulatory gray zone characterized by a strict banking ban but no explicit prohibition on indivi...

Retail cryptocurrency trading is legally permitted in Canada but is subject to a robust and evolving regulatory framework primarily overseen by provin...

Canada maintains a comprehensive and strictly enforced regulatory framework for cryptocurrency, requiring all crypto asset trading platforms (CTPs) to...

Retail cryptocurrency trading is legally permitted and regulated in the Cayman Islands, primarily through the Virtual Asset (Service Providers) Act (V...

Cryptocurrency trading is legal and regulated in the Cayman Islands under the Virtual Asset (Service Providers) Act (VASP Act), which is fully operati...

As of June 2025, the retail crypto trading landscape in the Central African Republic (CAR) is best described as allowed but unregulated. The nation ha...

As of December 2025, the retail crypto trading landscape in the Central African Republic (CAR) is best described as allowed but unregulated. The natio...

In Chile, retail trading of cryptocurrencies is legally permitted and regulated. The primary regulator is the Comisión para el Mercado Financiero (CMF...

Retail cryptocurrency trading in Chile is legal and explicitly regulated under the 'Ley Fintec' (Law No. 21.521), which establishes a comprehensive fr...

Retail cryptocurrency trading is banned in China, with the People's Bank of China (PBoC) leading regulatory efforts. The regulatory framework has prog...

Retail cryptocurrency trading is effectively banned in China, with the People's Bank of China (PBOC) classifying all virtual currency-related business...

Retail cryptocurrency trading is permitted in Christmas Island, subject to Australian laws and regulations. The Australian Securities and Investments ...

Retail cryptocurrency trading in Christmas Island is legal and fully regulated under the laws of the Commonwealth of Australia. As an external territo...

Retail cryptocurrency trading is legally permitted in the Cocos (Keeling) Islands, mirroring Australia's regulatory stance, due to the applicability o...

Retail cryptocurrency trading in the Cocos (Keeling) Islands is legally permitted and regulated under the Australian Commonwealth framework. As an ext...

As of June 2025, the Union of the Comoros maintains an "Allowed-UnRegulated" stance on retail cryptocurrency trading. While the Central Bank of Comoro...

As of December 2025, the Union of the Comoros maintains an 'Allowed-UnRegulated' stance on retail cryptocurrency trading. The Central Bank of Comoros ...

Retail cryptocurrency trading is allowed but unregulated in the Cook Islands as of April 12, 2025. The primary regulator, the Financial Supervisory Co...

Retail cryptocurrency trading is allowed but unregulated in the Cook Islands as of April 12, 2025. The primary regulator, the Financial Supervisory Co...

Costa Rica permits retail trading of cryptocurrencies, but lacks a dedicated regulatory framework. The Central Bank of Costa Rica (BCCR) does not reco...

Costa Rica permits retail trading of cryptocurrencies but lacks a dedicated regulatory framework. The Central Bank of Costa Rica (BCCR) does not recog...

In Croatia, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, though they are not considered legal tend...

Retail cryptocurrency trading is legal and regulated in Croatia, overseen by the Croatian Financial Services Supervisory Agency (HANFA). A mandatory r...

Retail trading of cryptocurrencies in Cuba is "Allowed-Regulated" under a framework established by the Banco Central de Cuba (BCC). The BCC's regulati...

Cryptocurrency activities in Cuba are legal and formally regulated by the Central Bank of Cuba (BCC). The regulatory framework, established primarily ...

In Curaçao, individual crypto trading is allowed but regulated via AML/CFT frameworks applied to Virtual Asset Service Providers (VASPs). The Central ...

Retail cryptocurrency trading is legal and regulated in Curaçao. The Central Bank of Curaçao and Sint Maarten (CBCS) enforces a mandatory registration...

Retail cryptocurrency trading is legally permitted in Cyprus, subject to a developing regulatory framework. This framework is primarily driven by the ...

Cryptocurrency activities in Cyprus are legal and formally regulated by the Cyprus Securities and Exchange Commission (CySEC). A national registration...

In the Czech Republic, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies. The Czech National Bank (CNB) ...

Retail cryptocurrency trading is legal and fully regulated in the Czech Republic under a comprehensive framework aligning with the EU's MiCA Regulatio...

Retail cryptocurrency trading in Côte d'Ivoire exists in a "Gray-Zone," meaning it's not explicitly prohibited but lacks a dedicated regulatory framew...

Retail cryptocurrency trading in Côte d'Ivoire exists in a regulatory gray zone. While individual possession and trading are not explicitly criminaliz...

Retail cryptocurrency trading in the Democratic Republic of Congo (DRC) exists in a 'Gray-Zone,' as it's not explicitly banned but lacks specific regu...

Retail cryptocurrency trading in the Democratic Republic of the Congo (DRC) exists in a regulatory gray zone. While the possession and trading of cryp...

Retail cryptocurrency trading is legally permitted in Denmark and is subject to regulation. The Danish Financial Supervisory Authority (Finanstilsynet...

Retail cryptocurrency trading is legal and regulated in Denmark, governed primarily by the EU's Markets in Crypto-Assets Regulation (MiCA) and the Dan...

As of June 2025, Dominica has adopted an "Allowed-Regulated" stance on retail crypto trading. This regulatory position is primarily underpinned by the...

Retail cryptocurrency trading is legal and regulated in Dominica under the Virtual Asset Business Act, enacted in June 2022. The Financial Services Un...

As of June 2025, the Dominican Republic maintains a "Gray-Zone" regulatory status for retail crypto trading. There is no specific legal framework gove...

Retail cryptocurrency trading in the Dominican Republic exists in a regulatory gray zone. While there is no law explicitly criminalizing the possessio...

In Ecuador, retail cryptocurrency trading is `Allowed-UnRegulated`; individuals can buy, sell, and hold crypto, but its use as legal tender is prohibi...

In Ecuador, retail cryptocurrency trading is `Allowed-UnRegulated`; individuals can buy, sell, and hold crypto, but its use as legal tender is prohibi...

Retail cryptocurrency trading in Egypt is banned. The primary regulator, the Central Bank of Egypt (CBE), along with the Financial Regulatory Authorit...

Retail cryptocurrency trading is effectively illegal in Egypt. While the Central Bank and Banking System Law No. 194 of 2020 theoretically allows for ...

Retail cryptocurrency trading is legally permitted in El Salvador, with Bitcoin adopted as legal tender in 2021, though its mandatory acceptance was l...

Retail crypto trading is legal and comprehensively regulated in El Salvador under a dual-track framework distinguishing Bitcoin from other digital ass...

As of June 2025, retail cryptocurrency trading in Equatorial Guinea is neither explicitly legal nor illegal, but operates within an unregulated enviro...

As of December 2025, retail cryptocurrency trading in Equatorial Guinea operates in an unregulated environment with no explicit legal prohibition for ...

As of June 2025, Eritrea's regulatory stance on retail crypto trading remains largely unclear and operates within a highly restrictive financial envir...

As of December 2025, Eritrea's regulatory stance on retail cryptocurrency trading remains unclear due to the absence of specific legislation and a hig...

In Estonia, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, with the regulatory environment evolving ...

Cryptocurrency trading is fully legal and regulated in Estonia, which has transitioned from a pioneering national licensing regime to a framework alig...

As of June 2025, retail cryptocurrency trading in Eswatini is Allowed-Unregulated. The Central Bank of Eswatini (CBE) and the Financial Services Regul...

Retail cryptocurrency trading is legal but currently unregulated in Eswatini. The Central Bank of Eswatini (CBE) and the Financial Services Regulatory...

Retail cryptocurrency trading is currently banned in Ethiopia. The National Bank of Ethiopia (NBE) prohibits cryptocurrency transactions, emphasizing ...

Retail cryptocurrency trading is currently banned in Ethiopia. The National Bank of Ethiopia (NBE) prohibits cryptocurrency transactions, emphasizing ...

Retail trading of cryptocurrencies is legally permitted within the European Union but is subject to regulation. The Markets in Crypto-Assets Regulatio...

Retail crypto trading in the European Union is fully legal and comprehensively regulated under the Markets in Crypto-Assets (MiCA) framework, which be...

Retail cryptocurrency trading in the Falkland Islands is 'Allowed-Unregulated' due to the absence of specific laws or regulations. The Proceeds of Cri...

Retail cryptocurrency trading is legally permitted in the Falkland Islands, as there is no legislation explicitly banning the buying, selling, or hold...

Retail cryptocurrency trading is permitted in the Faroe Islands under the broader regulatory framework of Denmark and the forthcoming EU's MiCA. The D...

Cryptocurrency trading is legal in the Faroe Islands and is regulated under the anti-money laundering (AML) framework. As of June 2023, the specific a...

As of June 2025, Fiji maintains a strict ban on retail cryptocurrency trading. The Reserve Bank of Fiji (RBF), the nation's central bank, does not rec...

Retail cryptocurrency trading is effectively banned in Fiji. The Reserve Bank of Fiji (RBF) has explicitly stated that it is illegal for any individua...

Retail trading of cryptocurrencies is legally permitted in Finland but is subject to regulation focused on AML/CFT and consumer protection. The primar...

Retail cryptocurrency trading is legal and comprehensively regulated in Finland under the EU's Markets in Crypto-Assets (MiCA) framework, implemented ...

In France, individual citizens and residents are legally allowed to buy, sell, and hold cryptocurrencies, but this activity is subject to a comprehens...

Retail cryptocurrency trading in France is legal and comprehensively regulated under a dual framework transitioning from the national PACTE Law to the...

Retail cryptocurrency trading is legally permitted in French Guiana, mirroring the regulatory environment of mainland France and shaped by EU regulati...

Retail cryptocurrency trading is legal and regulated in French Guiana, which adheres strictly to the regulatory framework of metropolitan France as an...

In French Polynesia, retail cryptocurrency trading is legally permitted but regulated under French and EU laws. The primary regulator is the Autorité ...

Retail cryptocurrency trading is legal and regulated in French Polynesia, primarily falling under the extension of France's regulatory framework. The ...

In the French Southern Territories, retail cryptocurrency trading is legally permitted but regulated under French and EU laws. The primary regulator i...

Retail cryptocurrency trading in the French Southern Territories (Terres australes et antarctiques françaises - TAAF) is legally permitted and regulat...

Retail cryptocurrency trading in Gabon exists in a "Gray-Zone," lacking explicit legal permission or regulation. The Bank of Central African States (B...

Retail cryptocurrency trading in Gabon operates in a regulatory gray zone characterized by conflicting regional directives. While the regional market ...

The status of retail cryptocurrency trading in Gambia is "Unclear" due to the absence of specific legislation explicitly permitting, regulating, or ba...

The status of retail cryptocurrency trading in The Gambia is 'Unclear' due to the absence of specific legislation explicitly permitting, regulating, o...

In Georgia, individuals are legally permitted to buy, sell, and hold cryptocurrencies, recognized as digital assets but not legal tender. The National...

Retail cryptocurrency trading is legal and explicitly regulated in Georgia under the supervision of the National Bank of Georgia (NBG). A mandatory re...

In Germany, individual citizens and residents can legally buy, sell, and hold cryptocurrencies, under a comprehensive regulatory framework enforced by...

Retail trading of cryptocurrencies is fully legal and regulated in Germany, which is widely considered a pioneer in crypto regulation within Europe. T...

Retail cryptocurrency trading in Ghana is 'Allowed-UnRegulated,' with no explicit legal prohibitions but also no formal regulatory oversight. The Bank...

Retail cryptocurrency trading in Ghana is 'Allowed-UnRegulated,' with no explicit legal prohibitions but no formal regulatory oversight. The Bank of G...

Retail trading of cryptocurrencies is legally permitted in Gibraltar but is subject to a comprehensive regulatory framework administered by the Gibral...

Gibraltar is a globally recognized 'crypto-friendly' jurisdiction with a comprehensive regulatory framework for Distributed Ledger Technology (DLT). T...

Retail cryptocurrency trading is legally permitted in Greece for individual citizens and residents. The Hellenic Capital Market Commission (HCMC) is t...

Cryptocurrency trading is legal and comprehensively regulated in Greece under a dual framework of national AML laws and the EU's Markets in Crypto-Ass...

Retail cryptocurrency trading is legally permitted in Greenland under the regulatory framework defined and overseen by Danish authorities, primarily t...

Retail cryptocurrency trading is legal in Greenland and regulated under the Danish financial framework, which has been explicitly extended to the terr...

Retail cryptocurrency trading is legally permitted in Grenada and is now regulated under the Virtual Asset Business Act of 2021 (VABA). The Grenada Au...

Retail cryptocurrency trading is legal and regulated in Grenada under the Virtual Asset Business Act, 2021. The Grenada Authority for the Regulation o...

Retail cryptocurrency trading is allowed but regulated in Guadeloupe, aligning with France's regulatory framework. The key regulators are the Autorité...

Cryptocurrency activities in Guadeloupe are legal and fully regulated under the French financial framework, as Guadeloupe is an overseas department (D...

Retail cryptocurrency trading is allowed in Guam, but regulated under U.S. federal laws due to Guam's status as a U.S. territory. Key regulators inclu...

Retail cryptocurrency trading in Guam is legal and regulated under a dual framework of US federal law and local territorial statutes. The Guam Departm...

Retail trading of cryptocurrencies is allowed in Guatemala but operates in an unregulated environment, with no specific legislation prohibiting or reg...

Retail cryptocurrency trading is legally permitted in Guatemala but remains unregulated. The Banco de Guatemala (BANGUAT) and Superintendencia de Banc...

Guernsey operates a regulatory framework for retail cryptocurrency trading that is permissive but highly cautious. While direct retail exchange tradin...

Retail crypto trading is legal in Guernsey and governed by a comprehensive regulatory framework under the Lending, Credit and Finance (Bailiwick of Gu...

Retail cryptocurrency trading in Guinea is 'Allowed-UnRegulated,' lacking specific legislation but also not explicitly prohibited. The Central Bank of...

Retail cryptocurrency trading is currently permitted in Guinea due to the absence of specific prohibitory legislation, though the sector remains entir...

In Guinea-Bissau, cryptocurrency trading is *de facto* allowed but remains unregulated, as neither the country nor the BCEAO/WAEMU has implemented spe...

In Guinea-Bissau, cryptocurrency trading is de facto allowed but remains unregulated, as neither the country nor the BCEAO/WAEMU has implemented speci...

As of June 2025, Guyana's regulatory stance on retail crypto trading is best characterized as a "Gray-Zone." This designation reflects a quasi-legal f...

Retail cryptocurrency trading in Guyana is currently in a regulatory gray zone characterized by a temporary prohibition on commercial operations. The ...

As of June 2025, Haiti operates within a significant regulatory vacuum concerning retail cryptocurrency trading. There is no specific legislation enac...

Retail cryptocurrency trading is legally permitted in Haiti due to the absence of specific prohibitory legislation, placing it in an unregulated statu...

As of June 2025, retail cryptocurrency trading in the Holy See (Vatican City) remains largely unregulated. Individuals are permitted to own and trade ...

Retail cryptocurrency trading is legally permitted in the Holy See (Vatican City State) due to the absence of prohibiting legislation, though it remai...

Retail cryptocurrency trading in Honduras exists in a "Gray-Zone." While no explicit law prohibits individuals from buying, selling, or holding crypto...

Retail cryptocurrency trading in Honduras is permitted for individuals but faces significant restrictions within the formal financial sector. In Febru...

Hong Kong permits retail cryptocurrency trading under a comprehensive regulatory framework overseen by the Securities and Futures Commission (SFC) and...

Retail cryptocurrency trading is legal and highly regulated in Hong Kong under a mandatory licensing regime overseen by the Securities and Futures Com...

Retail cryptocurrency trading is legally permitted in Hungary and is increasingly regulated, primarily due to the EU's MiCA regulation. Hungary has tr...

Retail cryptocurrency trading is legal in Hungary and is currently transitioning to a comprehensive regulatory framework aligned with the EU's Markets...

Retail cryptocurrency trading is legally permitted in Iceland but regulated, primarily focusing on AML/CTF measures. The Central Bank of Iceland super...

Retail cryptocurrency trading is legal and regulated in Iceland, primarily under the anti-money laundering framework overseen by the Central Bank of I...

Retail cryptocurrency trading in India is allowed but regulated. While there is no specific legislative framework solely for cryptocurrencies, the gov...

Cryptocurrency trading is legal in India and formally regulated under anti-money laundering (AML) and taxation frameworks. While not recognized as leg...

Retail cryptocurrency trading is legally permitted in Indonesia but subject to a specific regulatory framework. The regulatory authority transitioned ...

Cryptocurrency in Indonesia is legal and heavily regulated, recently undergoing a major oversight transition from the Commodity Futures Trading Regula...

Retail cryptocurrency trading in Iran is `Allowed-Regulated`, subject to strict control by the Central Bank of Iran (CBI). The CBI's "Policy and Regul...

Retail cryptocurrency trading in Iran is `Allowed-Regulated` under a strict licensing and control regime by the Central Bank of Iran (CBI). The CBI's ...

The Central Bank of Iraq (CBI) has explicitly banned the use, trading, and promotion of cryptocurrencies, making retail cryptocurrency trading illegal...

Retail cryptocurrency trading is illegal in Iraq, with a strict prohibition enforced by the Central Bank of Iraq (CBI) and the Anti-Money Laundering a...

Retail trading of cryptocurrencies is legally permitted in Ireland, but it is subject to increasing regulation primarily driven by EU directives, spec...

Cryptocurrency activities in Ireland are legal and fully regulated under a dual framework of EU and national law. The Central Bank of Ireland (CBI) ac...

In the Isle of Man, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies. The regulatory framework, oversee...

Cryptocurrency trading is legal and regulated in the Isle of Man, which established itself as an early adopter of crypto regulation. The Isle of Man F...

In Israel, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies. The regulatory environment is comprehensiv...

Cryptocurrency retail trading is legal and fully regulated in Israel under the supervision of the Capital Market, Insurance and Savings Authority (CMI...

Retail cryptocurrency trading is legally permitted in Italy but is subject to an evolving regulatory framework. Italy is aligning with the EU's MiCA r...

Cryptocurrency trading is legal and fully regulated in Italy under the EU's Markets in Crypto-Assets (MiCA) framework, implemented domestically via Le...

Retail cryptocurrency trading is legally permitted in Jamaica, subject to existing financial regulations. The Bank of Jamaica (BOJ) and the Financial ...

Retail cryptocurrency trading is legally permitted in Jamaica, subject to existing financial regulations and an active registration framework for serv...

Japan legally permits retail trading of cryptocurrencies, termed 'crypto assets,' under the Payment Services Act (PSA) and the Financial Instruments a...

Retail cryptocurrency trading is fully legal and highly regulated in Japan under the oversight of the Financial Services Agency (FSA). Exchanges must ...

In Jersey, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies. The Jersey Financial Services Commission (...

Retail cryptocurrency trading is legal and regulated in Jersey. The Jersey Financial Services Commission (JFSC) oversees the sector under a mandatory ...

As of June 2025, Jordan has transitioned from a largely prohibitive stance on retail cryptocurrency trading to an "Allowed-Regulated" environment. Thi...

As of December 2025, Jordan has transitioned from a largely prohibitive stance on retail cryptocurrency trading to an 'Allowed-Regulated' environment ...

In Kazakhstan, retail trading of cryptocurrencies is legally permitted but regulated. The primary regulator is the National Bank of Kazakhstan (NBK) a...

Retail cryptocurrency trading is legal and heavily regulated in Kazakhstan, primarily operating through the Astana International Financial Centre (AIF...

Cryptocurrency trading is currently 'Allowed-UnRegulated' in Kenya, but lacks a specific legal framework despite significant adoption. The Central Ban...

Cryptocurrency trading is currently 'Allowed-UnRegulated' in Kenya, but lacks a specific legal framework despite significant adoption. The Central Ban...

As of late 2024 and early 2025, Kiribati does not have specific legislation that directly regulates cryptocurrencies, neither recognizing them as lega...

Retail cryptocurrency trading is legally permitted in Kiribati due to the absence of specific prohibitory legislation, placing it in a regulatory gray...

Retail cryptocurrency trading is banned in North Korea (the Democratic People's Republic of Korea) due to the state's highly centralized and controlle...

Retail cryptocurrency trading is effectively banned in the Democratic People's Republic of Korea (DPRK) for ordinary citizens. While the regime itself...

Retail cryptocurrency trading is permitted in South Korea, but subject to strict regulations. The Financial Services Commission (FSC) and the Korea Fi...

Retail cryptocurrency trading in South Korea is legal and subject to one of the world's most stringent regulatory frameworks. The primary regulator, t...

Retail cryptocurrency trading is effectively banned in Kuwait due to circulars issued by the Central Bank of Kuwait (CBK) and the Capital Markets Auth...

Retail cryptocurrency trading, mining, and usage are strictly prohibited in Kuwait following a coordinated 'absolute prohibition' issued by the Capita...

In Kyrgyzstan, individuals are legally permitted to buy, sell, and hold cryptocurrencies, subject to a regulatory framework established by the Law “On...

Cryptocurrency activities in Kyrgyzstan are fully legalized and regulated under the 2022 'Law on Virtual Assets'. The Service for Regulation and Super...

Retail trading of cryptocurrencies in Laos is permitted, but strictly confined to platforms that have obtained official licenses and are subject to re...

Retail cryptocurrency trading is legally permitted in Laos specifically through government-authorized platforms under a pilot program launched in late...

In Latvia, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies. The regulatory environment is evolving, dr...

Cryptocurrency activities in Latvia are fully legal and regulated under the EU's Markets in Crypto-Assets (MiCA) framework, which was integrated into ...

Retail cryptocurrency trading in Lebanon operates in a gray zone. While not explicitly illegal for individuals, the Banque du Liban (BDL) and Capital ...

Cryptocurrency trading in Lebanon operates in a regulatory gray zone characterized by a strict banking ban but no explicit prohibition on individual p...

Retail cryptocurrency trading in Lesotho is 'Allowed-UnRegulated' as there is no specific legislation governing cryptocurrencies, but key financial la...

Retail cryptocurrency trading is legal in Lesotho but remains largely unregulated. The Central Bank of Lesotho (CBL) has consistently stated that cryp...

Liberia's regulatory stance on retail cryptocurrency trading as of June 2025 is characterized by significant ambiguity, placing it in a "Gray-Zone" st...

Liberia's regulatory stance on retail cryptocurrency trading as of December 2025 is characterized by significant ambiguity, placing it in a 'Gray-Zone...

Retail cryptocurrency trading is officially banned in Libya, according to a 2018 directive from the Central Bank of Libya (CBL). This ban stems from c...

Cryptocurrency trading, holding, and mining are effectively illegal in Libya. The Central Bank of Libya (CBL) issued a circular in 2018 explicitly ban...

Liechtenstein permits retail cryptocurrency trading under a comprehensive regulatory framework primarily governed by the Token and TT Service Provider...

Retail cryptocurrency trading is fully legal and regulated in Liechtenstein under a comprehensive dual framework comprising the national 'Blockchain A...

In Lithuania, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies. The regulatory environment is evolving ...

Retail cryptocurrency trading is legal and explicitly regulated in Lithuania under a strict registration regime that is currently transitioning to the...

Retail trading of cryptocurrencies is permitted in Luxembourg under a regulated framework primarily governed by the EU's Markets in Crypto-Assets Regu...

Retail cryptocurrency trading is fully legal and highly regulated in Luxembourg, which has transitioned from a national VASP registration regime to th...

Retail cryptocurrency trading in Macao operates in a 'Gray-Zone.' While not explicitly illegal, the Monetary Authority of Macao (AMCM) prohibits finan...

Retail cryptocurrency trading in Macao exists in a regulatory gray zone. While owning and trading virtual assets is not explicitly criminalized for in...

In Malawi, cryptocurrencies are not recognized as legal tender by the Reserve Bank of Malawi (RBM), but their use and trading are not explicitly illeg...

In Malawi, cryptocurrencies are not recognized as legal tender by the Reserve Bank of Malawi (RBM), but their use and trading are not explicitly illeg...

In Malaysia, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, subject to regulation primarily by the S...

Cryptocurrency trading is legal and fully regulated in Malaysia under the oversight of the Securities Commission Malaysia (SC). While digital assets a...

Retail cryptocurrency trading in the Maldives exists in a "Gray-Zone." While no outright ban is in place, the regulatory framework is not explicitly d...

Retail cryptocurrency trading in the Maldives exists in a regulatory gray zone. While the possession and trading of cryptocurrencies by individuals ar...

Retail cryptocurrency trading in Mali operates in a 'Gray-Zone' due to the absence of explicit laws either prohibiting or regulating it. The Central B...

Retail cryptocurrency trading in Mali operates in a regulatory gray zone. While there is no specific national law criminalizing the possession or trad...

In Malta, individual citizens and residents are legally permitted to engage in cryptocurrency trading, subject to a comprehensive regulatory framework...

Cryptocurrency trading is fully legal and regulated in Malta, which established one of the world's first comprehensive regulatory frameworks for digit...

Retail crypto trading in the Marshall Islands is categorized as "Allowed-Unregulated" for non-sovereign cryptocurrencies. This means that while there ...

Retail cryptocurrency trading in the Marshall Islands is categorized as "Allowed-Unregulated" for non-sovereign cryptocurrencies. This means that whil...

Retail trading of cryptocurrencies is legally permitted in Martinique but operates within a regulated framework shaped by French national laws and EU ...

Retail cryptocurrency trading is legally permitted and regulated in Martinique, which falls under the jurisdiction of French financial laws and EU reg...

As of June 2025, Mauritania's regulatory landscape for retail cryptocurrency trading can be best described as a "gray-zone." While there are no explic...

As of Dec 2025, Mauritania's regulatory landscape for retail cryptocurrency trading is best described as a 'gray-zone.' There are no explicit laws ban...

Mauritius has established a formal regulatory framework for virtual assets, including cryptocurrencies. The primary legislation is the Virtual Asset a...

Retail cryptocurrency trading is legal and fully regulated in Mauritius under the Virtual Asset and Initial Token Offering Services (VAITOS) Act 2021....

Retail cryptocurrency trading is legally permitted in Mayotte but is subject to a comprehensive regulatory framework mirroring that of mainland France...

Retail cryptocurrency trading is legal and regulated in Mayotte, which follows the regulatory framework of France as an Overseas Department. The prima...

Retail cryptocurrency trading is legally permitted in Mexico, regulated primarily by the Fintech Law of 2018. Financial Technology Institutions (FTIs)...

Retail cryptocurrency trading is legal and regulated in Mexico under a dual framework established by the 2018 Fintech Law and subsequent central bank ...

Cryptocurrency trading is legal but unregulated in the Federated States of Micronesia (FSM). There are no specific laws prohibiting crypto trading, an...

Retail cryptocurrency trading is legal but unregulated in the Federated States of Micronesia (FSM). There are no specific laws prohibiting individuals...

Retail cryptocurrency trading in Moldova exists in a 'Gray-Zone.' While individuals are generally not prohibited from owning, buying, or selling crypt...

Cryptocurrency in Moldova occupies a restrictive legal gray area where individual ownership and trading are permitted and taxed, but the provision of ...

Monaco permits retail cryptocurrency trading, attracting investors with no personal income or capital gains tax on crypto assets for residents. While ...

Cryptocurrency activities in Monaco are legal and strictly regulated under a dedicated legislative framework established in 2020 and expanded in 2022....

In Mongolia, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, subject to regulations primarily establi...

Retail cryptocurrency trading is legal and formally regulated in Mongolia under the Law on Virtual Asset Service Providers (VASP Law), enacted in Dece...

Montenegro permits individuals to buy, sell, and hold cryptocurrencies. The most significant regulatory development is the February 2025 amendment to ...

Retail cryptocurrency trading is legal in Montenegro and has recently transitioned into a regulated framework through amendments to the Anti-Money Lau...

Morocco prohibits retail cryptocurrency trading, a stance maintained through warnings from Bank Al-Maghrib, AMMC, and the Foreign Exchange Office. The...

As of December 2025, retail cryptocurrency trading remains technically illegal in Morocco under the 2017 foreign exchange regulations, although a comp...

As of June 2025, retail cryptocurrency trading in Mozambique is 'Allowed-Unregulated.' The Bank of Mozambique has issued warnings regarding the risks ...

As of December 2025, retail cryptocurrency trading in Mozambique is 'Allowed-Unregulated.' The Bank of Mozambique has issued warnings regarding the ri...

Retail cryptocurrency trading is explicitly prohibited in Myanmar, with the Central Bank of Myanmar (CBM) leading enforcement efforts. Cryptocurrencie...

Retail cryptocurrency trading is explicitly illegal in Myanmar under the authority of the ruling military junta and the Central Bank of Myanmar (CBM)....

Namibia has shifted from discouraging cryptocurrency use to establishing a regulated environment through the Namibia Virtual Assets Act, 2023. While c...

Namibia has established a regulated environment for retail cryptocurrency trading through the Namibia Virtual Assets Act, 2023. While cryptocurrencies...

As of June 2025, Nauru has firmly established itself as a regulated jurisdiction for virtual assets, marking a significant shift from its previously u...

Retail cryptocurrency trading is legal and formally regulated in Nauru following the enactment of the Command Ridge Virtual Asset Authority Act in Jun...

Retail cryptocurrency trading is explicitly prohibited in Nepal by the Nepal Rastra Bank (NRB), the country's central bank. This prohibition is enforc...

Retail cryptocurrency trading, mining, and investing are strictly illegal in Nepal. The Nepal Rastra Bank (NRB) has issued multiple circulars explicit...

Retail trading of cryptocurrencies is legally permitted in the Netherlands but is subject to evolving regulations. The regulatory framework is transit...

Cryptocurrency trading is fully legal and regulated in the Netherlands, transitioning from a local registration regime to the EU-wide MiCA framework a...

Retail cryptocurrency trading is allowed and regulated in New Caledonia under the French legal and regulatory framework, particularly the PACTE Law an...

Retail cryptocurrency trading is legal and regulated in New Caledonia, which follows the French regulatory framework extended to the territory. The pr...

In New Zealand, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies under existing financial laws, oversee...

Retail cryptocurrency trading is legal and regulated in New Zealand, primarily through Anti-Money Laundering (AML) laws and financial service registra...

Nicaragua has officially adopted an "Allowed-Regulated" stance on retail crypto trading. A new comprehensive regulation issued in April 2025 by the Ce...

Retail cryptocurrency trading is legal and regulated in Nicaragua under a formal licensing regime overseen by the Central Bank of Nicaragua (BCN). The...

Retail cryptocurrency trading in Niger is neither explicitly banned nor regulated. As a WAEMU member, the Central Bank of West African States (BCEAO) ...

Retail cryptocurrency trading in Niger is neither explicitly banned nor regulated. As a WAEMU member, the Central Bank of West African States (BCEAO) ...

Nigeria permits retail cryptocurrency trading under a regulated framework. The Securities and Exchange Commission (SEC Nigeria) oversees the crypto sp...

Cryptocurrency trading is legal and regulated in Nigeria under a specific framework established by the Securities and Exchange Commission (SEC). While...

As of June 2025, Niue's regulatory landscape for retail crypto trading remains unclear. The country has not enacted any specific laws or rules tailore...

As of December 2025, Niue's regulatory landscape for retail crypto trading remains unclear. The country has not enacted any specific laws or rules tai...

Retail trading of cryptocurrencies is allowed but regulated in Norfolk Island, as it is an external territory of Australia and subject to Australian l...

Retail cryptocurrency trading in Norfolk Island is legal and regulated under the Commonwealth of Australia's financial framework. As an external terri...

Retail cryptocurrency trading is legally permitted in the Northern Mariana Islands (CNMI) but is regulated under the U.S. federal framework. Key regul...

Retail cryptocurrency trading is legally permitted in the Northern Mariana Islands (CNMI), subject to both U.S. federal regulations and emerging local...

Retail trading of cryptocurrencies is legally permitted in Norway but is subject to AML/CTF regulations and taxation. The Financial Supervisory Author...

Retail cryptocurrency trading is legal and regulated in Norway, primarily under the Anti-Money Laundering Act and the incoming Crypto Asset Act (imple...

Retail cryptocurrency trading in Oman is `Allowed-Regulated`, a shift from the previously discouraged but unregulated environment. The Financial Servi...

Retail cryptocurrency trading is legal in Oman and falls under a formal regulatory regime overseen by the Financial Services Authority (FSA), formerly...

Retail cryptocurrency trading in Pakistan exists in a 'Gray-Zone.' There is no explicit statutory ban on individuals holding or trading cryptocurrency...

Pakistan's cryptocurrency regulatory environment remains in a Gray-Zone as of December 2025, characterized by overlapping initiatives and transitional...

Palau's retail crypto environment as of June 2025 is characterized as "Allowed-Unregulated," signifying that individuals are permitted to engage in cr...

Palau's retail crypto environment as of December 2025 is characterized as 'Allowed-Unregulated,' signifying that individuals are permitted to engage i...

Retail crypto trading in Palestine exists in a precarious balance. The Palestine Monetary Authority (PMA), the de facto central bank, has consistently...

Retail cryptocurrency trading in Palestine exists in a regulatory gray zone. While not explicitly criminalized for individuals, the Palestine Monetary...

In Panama, individuals are legally allowed to buy, sell, and hold cryptocurrencies, but a comprehensive regulatory framework is lacking. The Superinte...

In Panama, individuals are legally allowed to buy, sell, and hold cryptocurrencies, but a comprehensive regulatory framework is lacking. The Superinte...

As of June 2025, Papua New Guinea (PNG) classifies retail cryptocurrency trading in a "Gray-Zone." While cryptocurrencies are not recognized as offici...

Cryptocurrency trading in Papua New Guinea exists in a regulatory gray area characterized by conflicting regulatory stances and operational banking re...

In Peru, retail cryptocurrency trading is permitted but largely unregulated as of early 2025. The primary regulators, including the BCRP, SBS, and SMV...

In Peru, retail cryptocurrency trading is permitted but operates within an 'Allowed-UnRegulated' environment as of early 2025, lacking a specific, com...

Cryptocurrency trading is legal and regulated in the Philippines. The primary regulators are the Bangko Sentral ng Pilipinas (BSP) and the Securities ...

Retail cryptocurrency trading is legal and heavily regulated in the Philippines under a dual-agency framework involving the Bangko Sentral ng Pilipina...

The regulatory status of retail cryptocurrency trading in Pitcairn is unclear due to the absence of specific legislation or official statements addres...

The regulatory status of retail cryptocurrency trading in the Pitcairn Islands is unclear due to the absence of specific legislation or official state...

Retail cryptocurrency trading is legally permitted in Poland and is becoming increasingly regulated. The primary regulator is the Polish Financial Sup...

Retail cryptocurrency trading is legal and regulated in Poland, primarily under the Anti-Money Laundering (AML) Act which mandates registration for Vi...

Retail trading of cryptocurrencies is legally permitted in Portugal but is now subject to a developing regulatory framework. The Bank of Portugal is r...

Cryptocurrency trading is fully legal and regulated in Portugal, with a dual supervisory framework involving the Banco de Portugal (BdP) and the Portu...

Retail trading of cryptocurrencies is legally permitted in Puerto Rico and is subject to regulation. As a U.S. territory, Puerto Rico adheres to U.S. ...

Cryptocurrency trading is legal in Puerto Rico and formally regulated by the Office of the Commissioner of Financial Institutions (OCIF). Service prov...

Qatar prohibits retail cryptocurrency trading through regulations enforced by the Qatar Central Bank (QCB) and the Qatar Financial Centre Regulatory A...

Retail trading of cryptocurrencies (such as Bitcoin and stablecoins) remains effectively illegal and prohibited in Qatar, despite a new 2024 framework...

Retail cryptocurrency trading in the Republic of the Congo operates in a "Gray-Zone," as there are no specific national laws prohibiting it, but regio...

Retail cryptocurrency trading in the Republic of the Congo (Congo-Brazzaville) falls into a regulatory Gray-Zone due to conflicting regional directive...

Individual citizens and residents in Romania are legally permitted to buy, sell, and hold cryptocurrencies. The regulatory environment is evolving, in...

Retail cryptocurrency trading is legal and formally regulated in Romania. As an EU member state, Romania has transitioned from a national AML-focused ...

As of early 2025, retail cryptocurrency trading is legal in Russia but regulated, primarily under Federal Law No. 259-FZ (Law on DFAs), which took eff...

As of late 2025, retail cryptocurrency trading by individuals is legal in Russia but regulated under a detailed legal framework. The foundational Fede...

Rwanda is currently navigating a regulatory "gray zone" concerning retail cryptocurrency trading. While the buying, selling, and holding of cryptocurr...

Retail cryptocurrency trading in Rwanda is currently in a transitional 'Gray-Zone'. While the National Bank of Rwanda (NBR) and Capital Market Authori...

Retail cryptocurrency trading in Réunion is legally permitted but regulated, aligning with French and EU laws. The primary regulators are the AMF and ...

As an overseas department and region of France, Réunion is fully subject to French and European Union cryptocurrency regulations. Retail trading is le...

In Saint-Barthélemy, as a French overseas collectivity, retail cryptocurrency trading is legally permitted but subject to specific regulations aligned...

Retail cryptocurrency trading is legal and regulated in Saint Barthélemy, which falls under the financial jurisdiction of France and the Autorité des ...

Saint Kitts and Nevis permits retail trading of cryptocurrencies under a regulated framework, primarily governed by the Virtual Asset Act, 2020, and i...

Retail cryptocurrency trading is legally permitted and regulated in Saint Kitts and Nevis under the Virtual Asset Act, 2020. The Financial Services Re...

Retail cryptocurrency trading is allowed but regulated in Saint Lucia under the Virtual Assets Business Act (VABA) of December 2022. The Financial Ser...

Retail cryptocurrency trading is legal and regulated in Saint Lucia under the Virtual Asset Business Act, No. 24 of 2022, and its operational framewor...

Retail cryptocurrency trading is legally permitted in Saint Martin (French part) under French and EU regulations. The Autorité des Marchés Financiers ...

Retail cryptocurrency trading is legal and regulated in the Collectivity of Saint Martin (French part), falling under the jurisdiction of French finan...

In Saint Pierre and Miquelon, retail trading of cryptocurrencies is legally permitted but regulated under French and EU laws. The Autorité des Marchés...

Retail cryptocurrency trading is legal and regulated in Saint Pierre and Miquelon under the French regulatory framework, specifically the PSAN (Presta...

As of June 2025, Saint Vincent and the Grenadines has transitioned to an "Allowed-Regulated" environment for retail crypto trading. This shift from it...

Retail cryptocurrency trading is legal and formally regulated in Saint Vincent and the Grenadines following the enforcement of the Virtual Asset Busin...

Retail cryptocurrency trading is legally permitted in San Marino, subject to a developing regulatory framework. The Central Bank of the Republic of Sa...

Retail cryptocurrency trading is legal and explicitly regulated in San Marino under a comprehensive framework established by Delegated Decree No. 86 o...

Retail cryptocurrency trading in Saudi Arabia operates in a "Gray-Zone." While not explicitly banned, it faces strong warnings from the Saudi Central ...

Retail cryptocurrency trading in Saudi Arabia exists in a regulatory gray zone. While a 2018 Standing Committee statement declared virtual currencies ...

Retail cryptocurrency trading in Senegal is `Allowed-UnRegulated` due to the absence of explicit prohibitions, although cryptocurrencies are not legal...

Retail cryptocurrency trading in Senegal is `Allowed-UnRegulated`. There is no explicit legal prohibition against individuals buying, selling, or hold...

In Serbia, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, regulated primarily under the Law on Digit...

Cryptocurrency activities in Serbia are fully legalized and regulated under the Law on Digital Assets, which came into effect in June 2021. The framew...

Seychelles permits retail cryptocurrency trading but now operates within a regulated environment primarily through the Virtual Asset Service Providers...

Cryptocurrency activities in Seychelles are legal and governed by the Virtual Asset Service Providers Act, 2024, which establishes a comprehensive lic...

Retail cryptocurrency trading in Sierra Leone is `Restricted` due to the Bank of Sierra Leone's (BSL) stance. The BSL, the primary financial regulator...

Retail cryptocurrency trading in Sierra Leone currently falls into a regulatory 'Gray-Zone'. While the enacted 'Anti-Money Laundering and Combating of...

In Singapore, individual citizens and residents are legally permitted to engage in cryptocurrency trading, subject to regulatory oversight. The Moneta...

Cryptocurrency retail trading is legal and highly regulated in Singapore under the Payment Services Act (PSA) 2019. The Monetary Authority of Singapor...

As of June 2025, Sint Maarten operates within a "Gray-Zone" regarding retail crypto trading regulations. While the Centrale Bank van Curaçao en Sint M...

Retail cryptocurrency trading in Sint Maarten currently operates in a regulatory Gray-Zone. While the shared Central Bank of Curaçao and Sint Maarten ...

In Slovakia, retail trading of cryptocurrencies is legally permitted but regulated, primarily through EU-wide AML/CTF directives and the Markets in Cr...

Retail cryptocurrency trading is legal and regulated in Slovakia, currently transitioning from a national trade-licensing regime to the EU-wide MiCA f...

In Slovenia, retail cryptocurrency trading is legally permitted but regulated. The Prevention of Money Laundering and Terrorist Financing Act (ZPPDFT-...

Retail cryptocurrency trading is legal and fully regulated in Slovenia. As of late 2025, the country has transitioned to the EU's Markets in Crypto-As...

Retail cryptocurrency trading in the Solomon Islands is currently 'Allowed-Unregulated.' The Central Bank of Solomon Islands (CBSI) has issued warning...

Retail cryptocurrency trading is legal but unregulated in the Solomon Islands. The Central Bank of Solomon Islands (CBSI) has explicitly stated that c...

Retail cryptocurrency trading is legally permitted and regulated in South Africa. Crypto assets are classified as financial products under the FAIS Ac...

Cryptocurrency in South Africa is legal and comprehensively regulated, with a formal licensing regime for Crypto Asset Service Providers (CASPs) fully...

Retail cryptocurrency trading in South Sudan is allowed but entirely unregulated. The Bank of South Sudan (BoSS) has warned against the use of cryptoc...

Retail cryptocurrency trading in South Sudan is allowed but entirely unregulated. The Bank of South Sudan (BoSS) has warned against the use of cryptoc...

In Spain, retail trading of cryptocurrencies is legally permitted but is subject to increasing regulation primarily driven by EU directives like MiCA ...

Retail cryptocurrency trading is legal and highly regulated in Spain, primarily under the EU's Markets in Crypto-Assets (MiCA) framework which is full...

Retail cryptocurrency trading in Sri Lanka exists in a 'Gray-Zone,' neither explicitly legal nor completely banned. The Central Bank of Sri Lanka (CBS...

Retail cryptocurrency trading in Sri Lanka operates in a 'Gray-Zone' characterized by a strict banking ban on the mainland contrasted with a developin...

Sudan has explicitly banned dealing with cryptocurrencies. The Central Bank of Sudan (CBOS) has issued warnings and directives against their use, trad...

Sudan has explicitly banned dealing with cryptocurrencies. The Central Bank of Sudan (CBOS) issued clear prohibitions in December 2020 and March 2022,...

Suriname's retail crypto trading environment remains legally unchanged as of June 2025. It is neither explicitly prohibited nor governed by a comprehe...

Suriname's retail crypto trading environment remains legally allowed but unregulated as of December 2025. It is not explicitly prohibited, and no comp...

Retail cryptocurrency trading in Svalbard and Jan Mayen is legal but regulated, mirroring Norway's approach. Finanstilsynet, the Financial Supervisory...

Cryptocurrency trading and ownership are legal and regulated in Svalbard and Jan Mayen, which fall under the jurisdiction of the Kingdom of Norway. Th...

In Sweden, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, but this activity is subject to increasing...

Retail cryptocurrency trading is legal and fully regulated in Sweden under a dual framework involving EU-wide MiCA regulations and local AML laws. The...

In Switzerland, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, which are treated as assets or proper...

Switzerland is a premier global jurisdiction for cryptocurrency, often referred to as 'Crypto Valley,' with a fully established and progressive regula...

As of June 2025, Syria's regulatory landscape for retail cryptocurrency trading remains in a "Gray-Zone." There is a distinct absence of clear and com...

As of December 2025, cryptocurrency in Syria occupies a legal gray area following the collapse of the Assad regime and the establishment of a transiti...

Retail cryptocurrency trading is legally permitted in Taiwan but is subject to evolving regulations focused on AML/CFT. The Financial Supervisory Comm...

Retail cryptocurrency trading is legal in Taiwan and formally regulated under a mandatory registration regime enforced by the Financial Supervisory Co...

As of June 2025, Tajikistan's regulatory stance on retail crypto trading remains in a "Gray-Zone." This designation reflects a nuanced environment whe...

Retail cryptocurrency trading in Tajikistan operates in a legal gray area; it is neither explicitly banned nor formally regulated, though recent enfor...

Tanzania's retail cryptocurrency trading exists in a 'Gray-Zone.' While not explicitly illegal, the Bank of Tanzania (BoT) cautions against it, citing...

Retail cryptocurrency trading in Tanzania exists in a complex regulatory gray zone characterized by conflicting signals between the judiciary, tax aut...

Retail cryptocurrency trading is legally permitted in Thailand but is subject to a specific regulatory framework. The primary legislation is the Emerg...

Retail cryptocurrency trading is legal and comprehensively regulated in Thailand under the supervision of the Securities and Exchange Commission (SEC)...

Retail cryptocurrency trading in Togo operates in a legal gray area, as there are no specific laws explicitly authorizing or prohibiting it. As a memb...

Retail cryptocurrency trading in Togo exists in a regulatory gray zone. While there is no specific national legislation criminalizing the possession o...

As of June 2025, Tonga's retail crypto trading environment remains "Allowed-Unregulated." While there are no specific laws or regulations governing cr...

As of late 2025, Tonga's retail crypto trading environment remains 'Allowed-Unregulated.' Individuals are permitted to buy, sell, and hold cryptocurre...

Retail cryptocurrency trading is currently "Allowed-UnRegulated" in Trinidad and Tobago, with no specific laws prohibiting it. The Central Bank of Tri...

Retail cryptocurrency trading is currently "Allowed-UnRegulated" in Trinidad and Tobago. There are no specific laws prohibiting individuals from buyin...

As of June 2025, retail cryptocurrency trading in Tunisia remains effectively banned. This prohibition stems primarily from a longstanding directive i...

Retail cryptocurrency trading and possession are effectively illegal in Tunisia under current foreign exchange regulations. The Central Bank of Tunisi...

Retail cryptocurrency trading is legally permitted in Turkey but operates within an increasingly regulated environment focusing on AML/CTF and consume...

Retail crypto trading is legal and fully regulated in Turkey under the oversight of the Capital Markets Board (CMB/SPK). Following the enactment of La...

The retail cryptocurrency trading status in Turkmenistan is in a 'Gray-Zone' due to the lack of explicit laws either permitting or prohibiting it. The...

As of December 12, 2025, Turkmenistan is in a transitional regulatory phase. While the government historically enforced a de facto ban on cryptocurren...

In the Turks and Caicos Islands (TCI), retail trading of cryptocurrencies is permitted but currently unregulated as of June 2025. The Turks and Caicos...

Retail cryptocurrency trading is currently legal but largely unregulated in the Turks and Caicos Islands (TCI). While the Proceeds of Crime Ordinance ...

Retail cryptocurrency trading is legal in Tuvalu but operates in an unregulated environment. The National Bank of Tuvalu (NBT) has not issued specific...

Cryptocurrency trading is legal in Tuvalu, with no specific laws prohibiting the buying, selling, or holding of digital assets. The country currently ...

Retail cryptocurrency trading in Uganda exists in a 'Gray-Zone.' While not explicitly banned for individuals, the Bank of Uganda (BOU) has issued stro...

Retail cryptocurrency trading in Uganda operates in a regulatory 'Gray-Zone' characterized by conflicting directives from different government bodies....

As of June 2025, retail cryptocurrency trading in Ukraine is permitted, but the market largely operates without a comprehensive regulatory framework. ...

As of the latest available information in December 2025, retail cryptocurrency trading in Ukraine is permitted but operates without a comprehensive re...

Retail cryptocurrency trading is legally permitted in the UAE, subject to a comprehensive and evolving regulatory framework overseen by multiple autho...

Retail cryptocurrency trading is fully legal and comprehensively regulated in the UAE under a multi-jurisdictional framework comprising federal and fi...

In the UK, individuals are legally allowed to buy, sell, and hold cryptocurrencies, but this activity is regulated. The primary regulator is the Finan...

In the United Kingdom, cryptocurrency trading is legal and heavily regulated under a dual framework of anti-money laundering (AML) registration and fi...

The retail trading status of cryptocurrency in the United States Minor Outlying Islands (USMOI) is 'Unclear' due to the absence of a permanent residen...

The retail trading status of cryptocurrency in the United States Minor Outlying Islands (USMOI) is 'Unclear' due to the absence of a permanent residen...

Retail cryptocurrency trading is legally permitted in the United States but operates under a complex regulatory framework at both federal and state le...

As of December 2025, retail cryptocurrency trading in the United States is legal and comprehensively regulated under a newly established federal legis...

Retail cryptocurrency trading is legally allowed and regulated in Uruguay since late 2024, following the enactment of Law No. 20.345. The Banco Centra...

Retail cryptocurrency trading is legal and formally regulated in Uruguay following the enactment of Law No. 20.345 (Virtual Assets Law) in September 2...

Uzbekistan permits its individual citizens and residents to engage in retail cryptocurrency trading, provided they conduct these activities exclusivel...

Retail cryptocurrency trading is legal in Uzbekistan but strictly regulated, requiring residents to conduct all transactions exclusively through domes...

Retail trading of cryptocurrencies is permitted in Vanuatu under a new regulatory regime established by the Virtual Asset Service Provider (VASP) Act ...

Retail cryptocurrency trading is legal and formally regulated in Vanuatu. The Vanuatu Financial Services Commission (VFSC) oversees the sector under t...

Retail cryptocurrency trading is legally permitted in Venezuela but operates under a regulatory framework. The National Superintendency of Cryptoasset...

Retail cryptocurrency trading is legally permitted in Venezuela and operates under a formal regulatory framework. The Constituent Decree on the Integr...

As of June 2025, Vietnam's regulatory landscape for retail crypto trading remains in a "Gray-Zone." While the use of cryptocurrencies as a payment met...

As of December 2025, Vietnam classifies retail crypto trading as a 'Gray-Zone' activity, transitioning toward a regulated environment under a newly la...

Retail cryptocurrency trading is legally permitted in the British Virgin Islands (BVI) but is subject to a developing regulatory framework focused on ...

Retail cryptocurrency trading is legal and regulated in the British Virgin Islands (BVI) under the Virtual Assets Service Providers Act, 2022. The BVI...

Retail cryptocurrency trading is permitted in the U.S. Virgin Islands (USVI), subject to U.S. federal regulations. While the USVI has not established ...

Retail cryptocurrency trading is permitted in the U.S. Virgin Islands (USVI), subject to U.S. federal regulations. While the USVI's Division of Bankin...

Retail cryptocurrency trading in Wallis and Futuna is allowed and regulated, primarily under the French legal and regulatory framework. The Autorité d...

Retail cryptocurrency trading is legal and regulated in Wallis and Futuna, primarily falling under the extended jurisdiction of the French regulatory ...

As of June 2025, the regulatory landscape for retail cryptocurrency trading in Western Sahara remains largely unclear and highly complex, primarily du...

As of December 2025, the regulatory landscape for retail cryptocurrency trading in Western Sahara remains profoundly unclear and complex due to the te...

As of June 2025, Yemen's regulatory landscape for retail cryptocurrency trading remains in a "Gray-Zone." While there are no explicit laws or regulati...

Cryptocurrency trading in Yemen operates in a high-risk 'Gray-Zone' characterized by strict banking prohibitions, regulatory warnings linking crypto t...

Retail cryptocurrency trading in Zimbabwe exists in a "Gray-Zone." While not explicitly banned for individuals, the regulatory environment is undevelo...

Retail cryptocurrency trading in Zimbabwe operates in a regulatory gray zone characterized by a strict banking ban on the one hand and a thriving, tol...

Retail cryptocurrency trading is allowed in the Åland Islands but is regulated under Finnish and EU laws. The primary regulator is the Finnish Financi...

Retail cryptocurrency trading is legal and regulated in the Åland Islands, which falls under the financial regulatory jurisdiction of Finland. While Å...