While some countries have partially and completely outlawed cryptocurrencies, a large number of jurisdictions now accept cryptocurrencies in varying capacities.
The G20 intergovernmental forum is in the process of developing a new cryptocurrency regulatory framework to improve the oversight and supervision of cryptocurrency transactions. This group represents twenty of the world’s largest economies, and illustrates the growing level of crypto acceptance among major jurisdictions.
Like many things, however, the crypto regulatory landscape can be subject to change.