Egypt is considering allowing the circulation of the currency "Petcwin" electronic transactions

Egypt is considering allowing the circulation of the currency "Petcwin" electronic transactions

A senior banking official at the Central Bank of Egypt said that the bank is currently considering an integrated study of the possibility of issuing legislation or a special law that allows the circulation of virtual or digital currencies, most notably the "Betquin" and recognition as a financial product in financial and banking transactions. Including the availability of trading in banking transactions in banks operating in the local banking market, dealing with the purchase of goods and services and related legal aspects, and this comes within the framework of the development that is taking place in this area globally, in financial and banking transactions.!