Countries banning or limiting self-custody crypto

Looking ahead to 2025, which nations have made it illegal or put limitations on their citizens storing cryptocurrencies themselves?

I have never know any single country restrict their citizen to hold cryptocurrency in non custodial wallet, except countries who ban cryptocurrency. But, I found that EU and Brazil are eyeing to restrict people from using non custodial wallet, Brazil consider to ban stable coins from non custodial wallet, while EU bans unverified self hosted crypto wallets and it's expected it will be implemented within 3 years since 2024.

It is not possible to restrict citizens from storing cryptocurrencies on non-custodial wallets, but problems can arise when you want to sell cryptocurrency on centralised services. And if you want to store cryptocurrency, use a cold wallet and no one will know about it.

Yes I don't think the European legislation mentioned will target and sanction individuals, AFAIK it's mainly focused on companies and platforms using cryptocurrencies. So european citizens are still allowed to use non-custodial wallets and make transactions with them up to now, but platforms won't be allowed to accept them anymore if the wallets/addresses are not fully verified or identified.

i never heard there are countries that banned their people to store their cryptocurrency apart from the country that bitcoin is really banned and illegal Most of the people here would store their cryptocurrency on their wallet rather than in centralized exchange, to avoid something like account freeze and etc. As long as you have the private key i believe its allowed

If you are not holding usdt that can be frozen even if your own wallet, and you are instead holding BTC in your self custodial wallet, then nobody can stop you from doing so, because they cannot confiscate the funds. However, if BTC is banned in your country and you want to trade in a centralized exchange, the funds can be frozen there and you may get into trouble with the authorities. If you live in a country that is hostile towards crypto and outrightly bans it, you may consider relocating if you want to use crypto freely.

Yes... "Protect the right to mine and self-store cryptocurrency" (https://bitcointalk.org/index.php?topic=5517520.0) made me wonder whether it could be different somewhere.

Several countries have implemented significant restrictions on self-storing cryptocurrencies: 1. China 2. Nepal 3. Afghanistan 4. Bangladesh 5. Morocco

Yeah, but still though, I do not think that those countries can really restrict their population not to hold crypto. There are a lot of online wallets that you can download and install everything. And it's not like that this government can go each and everyone of their population and say that you are holding crypto. And that is the beauty of it, it's decentralized, anyone can get a wallet like Electrum for example and then store your Bitcoins without anyone finding it. And we all know that BTC holders are smart and I do believed that if China has been it, there are a lot of Chinese holders right now.

As far as I know there are no laws and rules that really run 100% for their citizens in the prohibition or limit their own crypto assets, there are no complaints like that that I found from relevant citizens, for example China, Vietnam, Algeria and so on. Rules and laws in China. Even though the law is like that from the government, you can ask the Chinese users and investors, instead they bought the boundaries. Likewise with Vietnam. It's just a lie, Crypto users can still do anything, including buying Crypto assets in unlimited quantities. So, the point is: rules and laws may be applied, but crypto runs like an electric current in a cable, who is annoying will be shocked.

In some of the mentioned countries, cryptocurrencies and their regulation is perhaps the smallest problem, given that people in these countries face violations of their basic human rights. When you live in a country ruled by a regime that is essentially deeply centralist and extremely aggressive towards any attempt at democratization, it is insane to expect that the authorities in such a country would allow someone to be their own bank with a system that enables transactions without their supervision. As far as I know, it is forbidden to pay with cryptocurrencies in Vietnam, as well as in Turkey and Thailand - and this is very bad in my opinion, because BTC should primarily be a currency. Still, if the government forbids you from doing something publicly, that doesn't mean they can do anything to you if you're smart and know how to stay under the radar.