Among the many Central and Eastern European countries that actively participate in the foreign exchange market are the United States of America, the United Kingdom of Great Britain and Northern Ireland, Australia, Germany, Switzerland, France, Italy, Japan, Indonesia, Cyprus, Malta, Bulgaria, and Romania. Foreign exchange trading is legal in many countries, but it is regulated by the central government, including China, South Africa, Nigeria, Russia, Egypt, and Ukraine, among others. However, trading foreign currencies is illegal in India, Bosnia and Herzegovina, Israel, Belgium, Malaysia, North Korea, France, and Pakistan.