2019-5-30 00:30 |
Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.
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According to a report by Egypt Independent published on May 28, 2019, a new banking law drafted for the Central Bank of Egypt (CBE) would make it illegal to form or operate a crypto-based business without obtaining the mandatory licenses in advance.
2019-5-29 13:00 | |
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Egyptian Bill To License Crypto-Trading, Activities Through Central Bank underway The Central Bank of Egypt (CBE) is keen to start regulating the cryptocurrency sphere in the country. Local media reported that the draft of the bill proposes a license policy for all major cryptocurrency related activities within Egypt. The bill currently in the approval process […]
2019-5-28 21:07 | |
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A new banking law drafted for Egypt’s central bank will make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading crypto
2019-5-28 16:04 | |
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Banks all over the world are interested in creating cryptos. Now, the central bank of Egypt has decided to start tests for the creation of an electronic version of the Egyptian pound. The story was originally reported by the local media outlet Amwal Al Ghad on December 16. The sub-governor of the Central Bank of […]
2018-12-17 19:56 | |
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Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020.
Yesterday, the Egyptian central bank issued a directive limiting all cash withdrawals from banks over fears it will run out of currency. Egypt is feeling the economic pressures of the coronavirus pandemic and is now instructing its citizens not to take out so much cash.
An Egyptian web firm is building Dmail on Blockstack to bring bitcoin-friendly privacy tech to the Middle East.