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Haram? Kuwait Bans Cryptocurrencies
Kuwait has become the latest country to put a blanket ban on all cryptocurrency-related activities, citing a crackdown on money laundering and terror financing. According to the circular issued by the Capital Markets Authority (CMA), there is an “absolute prohibition” on major use cases and operations of cryptocurrencies. Crypto Transactions Are Not Allowed in Kuwait The order covers cryptocurrency exchanges, payments, investments, and mining operations. “Absolute prohibition of using virtual a...
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Posted: Jul 20 2023, 10:32
Author Name: financemagnates
Views: 112532