Questions tagged [egypt]

Nicola Mon Jun 10 2024 | 5 answers 1505

Could you please enlighten me on the legality of cryptocurrency in Egypt? I've been hearing conflicting opinions and I'm quite perplexed about the matter. Is it permissible to own, trade, or mine cryptocurrencies in the country? Are there any specific regulations or restrictions that need to be adhered to? I'm also curious about the government's stance on the matter and whether there are any plans for further legalization or regulation in the future. Your insights would be greatly appreciated.

benjamin_cole_nurse Mon Jun 10 2024 | 7 answers 1292

Could you kindly clarify the legality of Binance in Egypt? I've been hearing conflicting information about whether or not it's permissible to use cryptocurrency exchanges like Binance within the country's borders. Could you provide me with a definitive answer, perhaps citing any relevant regulations or policies that might affect its legality? It's important for me to understand the legal landscape before proceeding with any cryptocurrency transactions. Thank you for your assistance in this matter.

BonsaiGrace Sun Jun 09 2024 | 5 answers 852

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.

TimeRippleOcean Sat Mar 30 2024 | 6 answers 1253

I'm curious, is it possible to purchase Bitcoin in Egypt? I've been hearing a lot about cryptocurrency and its potential, and I'm interested in getting involved. However, I'm not sure if it's legal or even possible to buy Bitcoin here. Could you please shed some light on this matter for me? Is there a specific exchange or platform I should use? Or are there any restrictions or regulations I should be aware of? I appreciate your help in answering these questions.

Maria Sat Mar 30 2024 | 7 answers 1603

I'm curious to know if Egypt accepts cryptocurrency as a legal tender or for transactions. With the rapidly growing popularity of cryptocurrencies, I'm interested in understanding the regulatory framework and any potential opportunities for crypto use in the Egyptian economy. Could you please provide an overview of the current situation and any relevant policies or laws governing the use of cryptocurrencies in Egypt?