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Kuwait bans all crypto activities including mining

Posted on 07/21/2023

Kuwait bans all crypto activities including mining

After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in Kuwait’s AML and terrorist financing laws. Kuwait’s financial watchdog, the Central Markets Authority (CMA), issued a circular on July 19 […]

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