Through cryptocurrency trading, people who started their journey in this game in its early stages of computer currency were able to earn a fortune for themselves and their families.

Such stories attract many people with a similar goal every day and many countries have welcomed this new concept with open arms, and have also started accepting payments in cryptocurrency.
However, some countries are completely against the use of computer currency and have closed their doors to any form of transactions traded in the country. Bitcoin trading platform is the best solution for every cryptocurrency related problem. Here you can start your journey into the cryptocurrency game and can aim for higher profits.

The trend of cryptocurrency is increasing day by day, and if we talk about the most successful and largest cryptocurrency, then for Rs thirty-three lakhs and Ethereum is the second largest at 2.3 lakhs.

India has been very lenient with cryptocurrency as it does not make it very waiting to be used, but it is ok if people own it and indulge in trading so if we talk about countries which are totally hostile to computer currency and which have banned it, continue reading this article.
China

China has always been against cryptocurrency and its concept and moreover, it has been very restrictive and has a zero-tolerance policy for bitcoin or any other cryptocurrency.
The CCP, led by Xi-Jinping, deconstructed these available digital tokens. The intensity of issuance of these digital tokens increases every year as it increases every year.
They are totally against cryptocurrency because the control is not in the hands of the government or any other financial institution so, they find it very difficult to regulate it.

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So to bridge the gap they came up with their centrally regulated digital currency, known as the renminbi, which is also known as the RMB Here you can understand how brutal the policies imposed by China are on the idea of ​​a computer currency.
Bolivia

The Bolivian government has been able to put in place the appropriate regulations and policies regarding digital currency so if no cryptocurrency completes any regulatory radar, that digital currency will be eliminated from the Bolivian economic system.
One thing that has made the Bolivian government so strict regarding the existence of the digital currency is the fear that it is also attracting multiple criminal minds.
Cryptocurrency is based on blockchain technology, which is why all transactions are untraceable and no one can make any changes in blockchain ledgers. Therefore, the Bolivian government is quite vulnerable to the use of cryptocurrency in people’s daily use.

Indonesia
Indonesia has never tolerated the use of digital currency. They have been seeing the use of computer currency as a criminal act because only criminal chiefs have used this currency. The government of Indonesia has formulated a new set of rules and policies that revolve around promoting and trading computer currency.
If you want to use cryptocurrency, you have to undergo the policy check prepared by the higher authorities in Indonesia Moreover, the government has imposed a complete ban on digital currencies or tokens as of January 1, 2018, so this is a journey for digital currency in Indonesia.

Turkey

Turkey was the country where the maximum number of transactions related to digital currency was observed. The number of transactions was so high that the Turkish government had to put a complete limit on the use of digital currency. Moreover, they also imposed some new guidelines and policies regarding the use and trade of digital currency.
So the use of cryptocurrency in Turkey is illegal, and you cannot perform any currency transactions on the computer. The policies and guidelines they formulated also include a clause containing rules regarding money laundering and terrorism in financial aspects.