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Exposed: South Korea #Bitcoin Fraud ScandalDespite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. These countries are Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar and Tunisia. Another 42 countries have an implicit ban on the. Then it banned all domestic crypto mining in June, and finally outlawed cryptocurrencies outright in September. The world's second-largest.