Back to Topics
Crypto_Payment_Status
Assess the legal and regulatory status of using cryptocurrencies as a means of payment for goods and services within the jurisdiction.
High Priority
Compare Live vs Latest
Possible Values
Status values that can be assigned to this topic
| Value | Definition | Order |
|---|---|---|
| Allowed | Using cryptocurrencies for payments is generally permitted by law, although they may not be considered legal tender. Acceptance by merchants is typically voluntary. | 0 |
| Restricted | The use of cryptocurrencies for payments is subject to significant limitations or specific conditions. This could include prohibitions on certain types of transactions, limitations on merchant categories that can accept crypto, or specific reporting requirements. | 1 |
| Banned | The use of cryptocurrencies as a means of payment for goods and services is explicitly prohibited by law or regulatory decree. | 2 |
| Unclear | The legal or regulatory stance on using cryptocurrencies for payments is ambiguous, lacks official clarification, has conflicting regulations, or is not formally addressed. | 3 |
Latest Analyses
Countries analyzed for Crypto_Payment_Status