About Legal Cryptocurrencies
Legal cryptocurrencies are digital currencies that have been recognized as legal tender by a government or other regulatory body. This category includes coins and tokens that have met certain requirements, such as compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. Examples of legal cryptocurrencies include Bitcoin, Ethereum, and Litecoin, which are widely accepted and traded on various exchanges. In contrast, illegal cryptocurrencies, also known as “shadow coins,” do not have this recognition and may be used for illicit activities such as money laundering or drug trafficking. The legal status of cryptocurrencies varies by country, with some countries banning them entirely while others have more lenient regulations. Overall, the legal cryptocurrency category is an important part of the growing cryptocurrency market and will continue to evolve as regulatory frameworks mature.
List of Legal Cryptocurrencies
Coin Name | Market Capitalization |
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