“This currency is considered to have negative consequences and high risk in trading because Bitcoin is not under government supervision”
Through a statement issued by the Saudi Arabian monetary authority (SAMA), the government stressed that marketing activities, both trade and investment in the form of virtual currencies, must be stopped.
pic source
“The committee ensures that virtual currencies, not limited to Bitcoin, are declared illegal and no other individuals or parties are given permission for this kind of practice,” said one member of the committee, as quoted from Coindesk, Wednesday (15/8 / 2018)
With the issuance of this rule, Saudi Arabia added a long list of countries that prohibit the use of virtual currencies. Until December 2017, there were at least 17 countries that issued similar rules. There are various reasons behind this, but the majority is anxiety about abuse for crime.
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Its an informative news dear @melip
@upvote & @resteem done
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Excellent article I upvoted and resteemed this
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No todos estarán de acuerdo con aceptar el bitcoin y las cryptos pero afortunadamente hay más países a favor que en contra
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Asi es Edgar 👊😊
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crypto illegal in Saudi!! ohhh nooo
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Thanks for your information.
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Buenas noche. Excelente información. Saludos amiga . Gracias por su apoyo hasta luego.
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Con razón no permiten en Arabia Saudita la presencia del Bitcoin quieren tener control total sobre todas las operaciones que se realicen con ella @melip
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Quieren controlar todo, hasta las mujeres 😆
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great idea sir.
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Well not surprising one follows the other and chain goes on various implementation will happen over the govt people will still trade there is no stopping back
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👍
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jjaajajja verdad que si hasta el control de las mujeres si ellos no tienen el poder no funcionara nada alli
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Thank you so much for sharing this video. 🙏
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