As of 2025, China has banned all crypto payments, mining, and ownership. The e-CNY digital yuan is the only legal digital currency. Learn how the ban works, what’s illegal, and why China won’t back down.
Crypto Regulations 2025: What’s Legal, Banned, and Changing Around the World
When it comes to crypto regulations 2025, the global rules governing how cryptocurrencies are used, taxed, and traded. Also known as digital asset laws, these rules now shape everything from your taxes to whether you can even buy Bitcoin in your country. This isn’t about future guesses—it’s about what’s already in effect. In 2025, the EU’s MiCA licensing, a strict framework requiring crypto businesses to get official approval before operating is fully live. That means exchanges, wallet providers, and even DeFi platforms must prove they have enough money, proper security, and real compliance teams—or shut down. Meanwhile, the IRS crypto tax, the U.S. government’s system for tracking every crypto sale, trade, or gift just got way harder. You now need to report every single transaction on Form 8949, and exchanges are required to send you Form 1099-DA. No more guessing. No more excuses.
It’s not just the U.S. and EU. In Russia, you can technically own crypto—but you can’t use it to pay for anything. The government’s digital ruble is the only legal digital currency, and crypto is treated like a collectible, not money. In Iraq, the Central Bank has banned all crypto transactions outright, yet people still trade it in secret. Cyprus lets you trade crypto tax-free, but your bank might freeze your account if they spot a crypto deposit. And the EU Travel Rule, a rule that forces every crypto transaction, no matter how small, to carry full identity data went live at the end of 2024. That means even sending $5 to a friend requires your name, address, and ID number to be sent along with the coins. No more privacy. No more anonymity. Just paperwork.
These aren’t abstract policies. They’re real rules that affect your wallet, your taxes, and your ability to move money. If you’re holding a token like NEVER, ML, or BNT, you need to know if the exchange you’re using is licensed under MiCA. If you’re staking ETH or SOL, you need to know if your validator is compliant with slashing rules that could wipe your rewards. If you’re thinking about an airdrop, you need to know if it’s real—or just a scam targeting people who don’t understand the legal gray zones. The posts below don’t just list projects. They show you where the rules are tightening, where the traps are, and what you need to do to protect yourself before the next crackdown hits.