I am interested in understanding the legality of
Bitcoin in Egypt. I want to know if it is allowed or prohibited by the Egyptian government and laws.
5 answers
DongdaemunTrendsetterStyleIconTrend
Thu Dec 19 2024
It also seeks to prevent illicit activities stemming from unregulated digital currencies.
Davide
Thu Dec 19 2024
Cryptocurrency trading and possession are prohibited in Egypt.
Caterina
Thu Dec 19 2024
The ban is stipulated under Article (206) of Law No. 194 of 2021.
CryptoVanguard
Thu Dec 19 2024
The regulation aims to address risks associated with financial instability.