Cryptocurrency Q&A Is Forex Trading Legal in Afghanistan?

Is Forex Trading Legal in Afghanistan?

ShintoMystic ShintoMystic Sun Oct 13 2024 | 6 answers 1429
I am interested in Forex trading, but I am concerned about its legality in Afghanistan. I want to know if Forex trading is allowed in this country or if there are any restrictions or regulations I should be aware of. Is Forex Trading Legal in Afghanistan?

6 answers

Isabella Isabella Tue Oct 15 2024
Despite this lack of clarity, some experts contend that forex trading falls within the broader category of "capital market activities" as defined by Afghan regulations.

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EthereumEmpress EthereumEmpress Tue Oct 15 2024
The legal status of forex trading for Afghan citizens remains ambiguous, with no definitive laws either permitting or prohibiting the practice.

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CryptoLord CryptoLord Mon Oct 14 2024
Additionally, it is important to note that the cryptocurrency market, although not explicitly mentioned in relation to forex trading, is also regulated in Afghanistan.

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CryptoWarrior CryptoWarrior Mon Oct 14 2024
This categorization suggests that engaging in forex trading may necessitate obtaining proper licensing from the Afghanistan Capital market Authority (ACMA).

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Federica Federica Mon Oct 14 2024
The ACMA is the primary regulatory body responsible for overseeing and enforcing capital market activities within the country.

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