BCB Crypto Restrictions: What You Need to Know About Country-Based Crypto Limits

When we talk about BCB crypto restrictions, country-specific blocks on cryptocurrency access enforced by financial platforms like Coinbase. Also known as geo-restrictions, these limits aren’t random—they’re tied to U.S. sanctions, local laws, or compliance risks. If you’re in a country like North Korea, Myanmar, or even parts of China, you might find your wallet locked out of major platforms. This isn’t about tech issues—it’s about legal boundaries.

These restrictions often connect to OFAC crypto sanctions, U.S. Treasury actions targeting entities linked to theft, fraud, or terrorism. Also known as financial blacklists, they force exchanges like Coinbase to cut off users in sanctioned regions. You’ll see this in posts about North Korean hackers or Myanmar scam networks—those are the exact reasons why entire countries get blocked. It’s not that crypto is illegal everywhere; it’s that doing business with certain groups is illegal under U.S. law. Then there’s crypto country bans, local laws that prohibit trading, mining, or even holding crypto. Also known as national crypto prohibitions, these are different from U.S. sanctions—they come from governments like China or Nigeria that want to control financial flows. In China, owning crypto isn’t illegal, but if you try to trade it, you’re on your own. Courts won’t help you if you get hacked. In Nigeria, banks block crypto transactions. These rules create real gaps in access. And while some platforms like Coinbase openly list which countries they block, others hide behind vague terms like ‘regulatory compliance.’ That’s why you’ll find guides here explaining exactly where you can and can’t use services—and why some exchanges disappear overnight after a crackdown.

What you’ll find below isn’t just a list of blocked countries. It’s a collection of real stories: how users in Mexico navigate FinTech Law, why Portuguese traders benefit from tax rules but still face uncertainty, and how scams like fake exchanges in Myanmar or North Korea exploit these gray zones. You’ll see how crypto restrictions shape everything—from airdrop eligibility to exchange safety. Whether you’re trying to claim a token, avoid a scam, or just understand why your wallet won’t load, the answers are here. No fluff. No theory. Just what’s actually happening on the ground.