Question of the Day: How many countries have banned cryptocurrency? Can you name one?
Many countries have some laws related to cryptocurrency. But how many countries have total bans on Bitcoin, including owning it, trading it, mining it, and using it for payments?
Answer: 9 Countries
Questions:
- Why do you think some countries are making cryptocurrency illegal?
- What are some of the negative impacts of cryptocurrency mining? How can they be avoided?
- Do you think cryptocurrency investment will increase, stay the same, or decrease in the future? Why?
Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Coin Gecko):
"Bitcoin faces restrictions in 18 countries globally, with varying levels of prohibition from complete bans to payment restrictions. Nine countries have implemented complete Bitcoin bans: Afghanistan, Algeria, Bangladesh, China, Egypt, Kuwait, Nepal, North Macedonia, and Tunisia, while nine others maintain partial restrictions on financial institutions or payments."
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About the Author
Kathryn Dawson
Kathryn (she/her) is excited to join the NGPF team after 9 years of experience in education as a mentor, tutor, and special education teacher. She is a graduate of Cornell University with a degree in policy analysis and management and has a master's degree in education from Brooklyn College. Kathryn is looking forward to bringing her passion for accessibility and educational justice into curriculum design at NGPF. During her free time, Kathryn loves embarking on cooking projects, walking around her Seattle neighborhood with her dog, or lounging in a hammock with a book.
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