Analysis: Some countries prohibit domestic payments in Crypto Assets, but overseas payments may still be legal.

On June 27, according to Cointelegraph, in recent years, the popularity of stablecoins as a means of payment in Crypto Assets has been continuously increasing, with many global companies adopting this new payment method. However, Crypto Assets payments are still prohibited for retail users in several countries, including Indonesia, Russia, and Turkey. Nevertheless, some legal experts and crypto regulatory observers point out that although these countries ban domestic crypto payments, using encryption to pay for overseas services may be legally permissible. Turkish lawyer and managing partner of Paldimoglu Law Firm, Meric Paldimoglu, stated: "Generally speaking, a country's laws only apply to events occurring within that country or to its citizens."