The post Kuwaiti Authorities Crack Down on Crypto: Transactions Now Prohibited appeared first on Coinpedia Fintech News
In a recent move, the Capital Markets Authority (CMA) of Kuwait has made its stance on cryptocurrencies abundantly clear, issuing a comprehensive circular that bans most operations involving digital currencies, including the prominent cryptocurrency, Bitcoin. This circular leaves no room for ambiguity, as it enforces an “absolute prohibition” on major use cases, such as payments, …