There are countries who have their own limitations about regulating cryptocurrencies due to which they ban cryptocurrency transactions altogether.
source https://www.google.com/url?rct=j&sa=t&url=https://thecurrencyanalytics.com/5166/cryptocurrency-is-a-shiny-little-toy-per-indian-supreme-court-advocate/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNHpu_I9oZ2dWDz2YOyx8bdWcLZtwA
