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China is not alone.. Countries ban cryptocurrency, including Arab countries

September 27, 2021
Source: archyde.com archyde.com
News Snapshot:
Bitcoin has stirred controversy since its inception in 2009, as has the subsequent cryptocurrency that followed. While it has been widely criticized for its volatility, its use in nefarious transactions and the exorbitant use of electricity to mine it, some view Bitcoin, particularly in the developing world, as a safe haven during economic storms. But as more and more people are turning to Cryptocurrencies As an investment or a lifeline, these problems have manifested themselves in a set of restrictions on their use. While the majority of countries do not make the use of Bitcoin itself illegal, its status as...
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Tags: Algeria | bank | bitcoin | blockchain | boycott | China | Chinese | crypto | currency | Economy | Egypt | Ethereum | European | finance | fintech | fraud | import | Indonesia | investment | Iran | Iraq | Nepal | police | Religion | Russia

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