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coinpedia 2023-07-20 08:02:45

Kuwaiti Authorities Crack Down on Crypto: Transactions Now Prohibited

The post Kuwaiti Authorities Crack Down on Crypto: Transactions Now Prohibited appeared first on Coinpedia Fintech News The Capital Markets Authority (CMA) of Kuwait recently issued a circular imposing a ban on most operations involving cryptocurrencies, including Bitcoin. The circular confirms an “absolute prohibition” on major use cases, such as payments, investments, and mining, related to cryptocurrencies in the country. Furthermore, the CMA has prohibited local regulators from granting licenses to commercial …

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