Tag: central bank of egypt
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Egyptian Central Bank Issues Crypto Warning: Offenders Face Jail
The Central Bank of Egypt (CBE) has once again warned against the use of cryptocurrencies, noting that offenders risk jail time. According to the law of the Egyptian central bank, it is unlawful to “issue, trade, or promote cryptocurrencies, create or operate platforms for their trading, or engage in related activities.” According to Tuesday’s report…