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RE: Bitcoin (BTC)’s Halving Date Looms Price & Transaction Fees To Increase Or

in #hopdh11 months ago

The new law was passed as an amendment to existing anti-money laundering (AML) and counter terrorism financing (CTF) regulations. It prohibits transferring, receiving, or using any virtual currencies in Kuwait without authorisation from the government. Authorities have been mandated to inspect the networks of financial institutions and businesses that trade in cryptocurrencies within 24 hours. They must also provide updates on action taken against any violation.

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