Explore why Iran, North Korea and Myanmar remain on the FATF blacklist, how they use crypto to dodge sanctions, and what regulators and businesses must do to stay compliant.
Crypto Bans: Understanding Global Restrictions
When dealing with crypto bans, government-imposed limits on buying, selling, or using digital assets. Also known as digital asset restrictions, they shape how investors, exchanges, and developers operate across borders.
One major government regulation, laws that define what crypto activities are allowed or prohibited in a country drives these bans. Countries like Russia and Iraq have enacted crypto prohibition policies that affect everything from exchange licensing to on‑chain trading. When a government tightens its stance, exchanges often face exchange restrictions, limits on which platforms can operate or which users can trade, forcing traders to seek compliant alternatives.
How Bans Impact Wallets and Compliance Tools
Another layer appears with non‑custodial wallet bans, rules that block the use of self‑managed crypto wallets in certain jurisdictions. India’s recent proposals illustrate how a ban can reshape user habits, pushing people toward custodial services that meet regulatory standards. To navigate these shifting sands, many firms rely on crypto compliance tools, software solutions that automate KYC, AML, and transaction monitoring. These tools act as a bridge, enabling platforms to stay operational while adhering to local bans.
In practice, crypto bans create a chain of cause and effect: government regulation triggers exchange restrictions, which in turn lead to wallet bans and drive the adoption of compliance tools. This cascade explains why you’ll see articles on UAE tax advantages, Russian exchange limits, Indian wallet proposals, and Iraqi outright bans all grouped under the same tag. Each piece shows a different facet of the same regulatory puzzle.
Below, you’ll find a curated set of guides that break down specific bans, offer work‑arounds, and suggest the best compliance strategies. Whether you’re a trader looking to stay ahead of new rules or a developer needing to design a ban‑resilient product, the collection gives you concrete steps and real‑world examples to act on.