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List of Prohibited Jurisdictions

There are several jurisdictions around the world where it is highly risky or forbidden to trade, advertise, sell, or use cryptocurrency and digital tokens. This is often due to the fact that these countries have strict laws and regulations regarding the use of digital currencies, or they have banned them outright. MagicCraft does not offer for sale, advertise, or make available its Web3 and cryptocurrency exchange services in such countries, however, the MagicCraft game itself is available to players worldwide. Some examples of countries where it may be risky or forbidden to trade, advertise, sell, or use MagicCraft’s Web3 services include:
  1. Bangladesh: The Bangladesh Bank has issued a warning stating that using cryptocurrency is illegal in the country.
  2. Bolivia: The Central Bank of Bolivia has issued a ban on the use of all cryptocurrencies.
  3. China: While it is not technically illegal to trade or use cryptocurrency in China, the Chinese government has taken a number of steps to restrict and regulate the use of digital currencies.
  4. Egypt: The use of cryptocurrency is currently banned in Egypt, with the Central Bank of Egypt issuing a statement warning against the use of digital currencies.
  5. Iran: The use of cryptocurrency is currently illegal in Iran, with the government issuing a ban on the use of digital currencies.
  6. North Korea: The use of cryptocurrency is highly risky in North Korea, as the country has strict laws and regulations regarding the use of digital currencies.
  7. Saudi Arabia: The use of cryptocurrency is currently illegal in Saudi Arabia, with the government issuing a ban on the use of digital currencies.
  8. United States of America: Making any cryptocurrency or token available for purchase in the United States carries a number of risks due to strict regulation of digital assets.
  9. Vietnam: While it is not technically illegal to trade or use cryptocurrency in Vietnam, the government has taken a number of steps to restrict and regulate the use of digital currencies.
It is important to note that the laws and regulations regarding the use of cryptocurrency can change rapidly, and MagicCraft may make changes to this list at any time to reflect the updated legal context.