Kuwait bans crypto and virtual assets transactions

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

⚡Securities and other regulated financial instruments are excluded from Kuwait’s new crypto ban.

In the circular, the CMA confirmed the commitment to “absolute prohibition” on major use cases and operations involving cryptocurrencies, including payments, investments, and mining.

In the meantime, securities and other financial instruments regulated by the Central Bank of Kuwait and the CMA are excluded from the latest prohibitions, the announcement notes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude Oil Forecast: Crude Oil Markets Experience VolatilityThe oil markets displayed a back-and-forth movement during Monday\u0027s trading session, contributing to increased volatility early in the week.
Source: Daily_Forex - 🏆 567. / 51 Read more »

India is now one of Apple's top 5 iPhone markets for the first timeIndia contributed close to 4% of all iPhone sales for Apple in the second quarter, growing 50% year-on-year, according to Counterpoint Research.
Source: CNBC - 🏆 12. / 72 Read more »

FalconX and CF Benchmarks partner to provide regulated access to crypto derivative marketsThe firms aim to jointly meet the need for secure, clear digital asset investment products in derivative markets.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bidding Wars Get Weird in One of World’s Hottest Rental MarketsIn London’s fierce rental market, tenants are writing surprisingly detailed personal statements to woo landlords. “He told me he can run a 5K in 15 minutes.”
Source: WSJ - 🏆 98. / 63 Read more »

New bill may bring night markets to CaliforniaBustling, open-air night markets seen in places like China and Taiwan may be coming to California after San Francisco Assemblymember Matt Haney, D-San Francisco, introduced a new state bill Monday.
Source: nbcbayarea - 🏆 596. / 51 Read more »

California Legislature could boost night marketsSince announcing she was seeking treatment for breast cancer in April, fellow Democrats and Republicans alike have rallied in support of AsmLoriDWilson. 📸 Rahul Lal, CalMatters
Source: CalMatters - 🏆 261. / 63 Read more »