BonsaiGrace
Sun Jun 09 2024
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5 answers
852
Is cryptocurrency legal in Egypt?｜Under Islamic Law and by religious decree, . The Central Bank of Egypt (CBE) warns against cryptocurrency activities.cryptocurrencies in Egypt are prohibited
Could you please clarify for me the legality of cryptocurrency in Egypt? I've heard conflicting information, and I'm curious to know what the official stance is. Islamic Law and religious decree seem to have some bearing on this matter, so I'm particularly interested in how that factors into the decision. The Central Bank of Egypt's warning against cryptocurrency activities suggests a prohibition, but I'd like to understand the specifics. Is there a blanket ban on all cryptocurrencies in Egypt, or are there exceptions or nuances to the rule? Thank you for your help in clearing up this matter for me.
