There is no regulation on the use of bitcoins. Implicit ban. The Superintendencia Financiera warned financial institutions in 2014 that they may not "protect, invest, broker, or manage virtual money operations". The Ecuadorian government has issued a ban on bitcoin and other digital currencies. So bitcoin can not be ban no Matter what they do. Nobody is in control of it. Those in still in doubt about bitcoin being banned can read more about Blockchain and digital currency in details. I believe after making diligent search you will be satisfy that it cant be ban.