10 January 2018

Egypt: CBE Warns Against Dealing in 'Bitcoin'

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(file photo).

The Central Bank of Egypt (CBE) has warned against dealing in Bitcoin for the risks that might result from dealing in such currency, as it is unstable and cannot be supervised.

In its yesterday statement, the CBE said that such currencies are not issued by any central bank or any official authority and cannot be also supervised or watched.


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