Saudi Arabia Threatens To Sell Oil Using Currencies Other Than USD, This Can Be Good For Bitcoin

2019-4-6 02:07

Saudi Arabia Threatens To Sell Oil Using Currencies Other Than The Dollar, This Can Be Good For Bitcoin The latest price spikes in Bitcoin were very for the industry. They basically reanimated the sector and created a more optimistic future for BTC.

Now, a governmental decision in Saudi Arabia may also affect Bitcoin in a […].

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Saudi Arabia Officials Warn that Bitcoin Trading is Illegal

Despite the country’s proactive and seemingly positive approach towards blockchain-based technologies, cryptocurrency trading remains heavily outlawed, officials reiterate. Bitcoin and Other Cryptocurrencies Are Illegal A standing committee, headed by the Capital Market Authority in Saudi Arabia and including representatives of the Ministry of Trade and Investment, the Ministry of Information, and the Saudi Arabian Monetary Agency, issued a formal statement, reaffirming the illegality of trading with Bitcoin and other cryptocurrencies.

2018-8-14 04:00


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