What would happen to Bitcoin’s value if all countries banned crypto exchanges together ? Can it survive such an action ?
If it happens at once in all the countries, the price of Bitcoin will drop sharply. But the price will still recover because Bitcoin will still exist without exchanges. But I doubt if such a thing will ever happen because the world is not under a single government. But I want to know OP's view about his question.
On the contrary, I don't think the price will recover. Although there is no exact data, it is estimated that CEXs account for around 80-90% of bitcoin liquidity as well as the entire market. So if all countries ban CEXs, it means bitcoin will lose 90% of its liquidity. Not to mention, when such a ban is issued, the government can also issue a bitcoin ban, and that would be a comprehensive one. That would be the end of bitcoin and the crypto industry.