The 2019 was a very sucessfull year for the Cryptocurrency environment where we saw many countries start entering the space and also making some Regulations about the Field.

Germany.

Here the Banks was authorized to work with Cryptocurrency and a law with will help in the topic was approved allowing in 2020 that Banks can sell Bitcoin and other Cryptos  also in December a second law was approved mentioning BTC as Financial Instrument.

Germany is one of the pillars of the economy In the Europe and approving this mechanisms allowing Banks to sell Cryptocurrency will be a game changer to the Community.

France.

At the End of 2019 the Government of the country announced that  will test their CBDC In the first quarter of the year and the system will represent a  digital form of the Euro Currency and that was in response to Libra the Country considers a threatening Project for all European Union Sovereign States.

The Government approved transactions involving Crypto to crypto won't pay taxes but crypto to Fiat and vice versa will be taxed on.

France also have the most Hotspots to sell Bitcoin in the Europe registering more than 25.000 merchants that accept BTC.

Iran.

The Country is facing heavy sanctions from USA since 1974 and the challenges to look to an alternative to the dollar currency the Iranian Government approved a law that will regulate the Cryptocurrency Mining Industry and Support citizens and companies that will build their Mining Farms in the country attracting even Miners from China and USA with their politicians about the Law. 

USA.

As the more powerful economy in the World and being the first in innovation thru the Cryptocurrency market and Blockchain and favorable to Regulations in the Crypto Field,the laws are still getting approved in different Country States.

The Wyoming State approved a law that separate the Cryptocurrency in categories: Digital Assets from consumers, Digital securities and virtual currency.

All the of virtual assets category will be considered Fiat Currency and will be subject to taxes and Supervision. The Banks also can support custody to digital assets allowing them being legal with same status as Fiat currency.

China.

The Government of Xi Jinping endorsed the Blockchain Technology adoption and called the Nation to be pioneer in the tech, to benefit from it ,developing their industry and services.

They approved the Cryptografy Law that will regulate applications on Blockchain In the Country.

The Chinese Government is adopting the Blockchain Technology but the Cryptocurrency still forbidden . The Country is also working intense to deliver their own CBDC that will substitute the paper money,and will be tested In two Cities.