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Can a county really outlaw cryptocurrency

Can a county really outlaw cryptocurrency

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�The legislation does not contain any measures to ban customers from owning and trading virtual assets and does not in any way require customers. But it would be �dangerous� to assume that the decline and volatility in cryptocurrency prices are a result of China's ban, according to Kevin. The debate around the cryptocurrency ban is unlikely to subside soon. Startups and entrepreneurs will argue that cryptocurrencies and blockchain.

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Archived from the original on 10 February Currency transmission requires a license, G. The Payment Services Act defines "cryptocurrency" as a property value. Since each individual's situation is unique, a qualified professional should always be consulted before making financial decisions.