Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs
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Saudi Arebia is taking this decision keeping in mind the risk involved behind the cryptocurrency trading. Also many fraud cases were registered there with respect to crypto. But they should realize the potential of crypto and how it will add value to the current economy.
Most of the developing countries are keeping a close eye on bitcoins and crypto market. They want to crack down it and many of the countries have banned it already. But if we see developed countries, they are well regulating crypto and accepted it already. Because they know, crypto is future.
"Stay Strong Stay Bullish"... :)
The fight is not easy but we getting there one day at the time. ;)
In my opinion when lack of knowledge percent is higher than the knowledge holders then for sure people can fall for the frauds and then we can see these kind of decisions. 🙂
Arabia have some really stupid law, and not just in crypto-topics...
I believe a woman cannot drive a car there.
Keep out the half of the population to the education or industry or business, and you can make a half success...