CoinDesk - Kuwait Cracks Down on Crypto, Banning Payments, Investment and Mining

in blockchain •  last year 

https://www.coindesk.com/policy/2023/07/20/kuwait-regulator-bans-crypto-payments-investment-and-mining/
Screenshot_20230721-203646_Brave.jpg

Kuwait has banned the use of crypto for payments, investment, and mining.

The ban is an effort to meet requirements set by the Financial Action Task Force (FATF) on preventing money laundering via crypto.

Companies are not allowed to provide any type of crypto-related services.

What do you think?

Screenshot_20211106-080453_DesignEvo.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Upvoted! Thank you for supporting witness @jswit.