KUWAIT CITY: The Central Bank of Kuwait has stressed on local banks and companies not to deal or enter into direct or indirect investments in the digital currency ‘Bitcoin’ and other similar currencies, stressing that some local banks have internal policies that prohibit dealing in currencies, reports Al-Anba daily.
The sources said according to the instructions of the Central Bank, it is not permitted to finance any person or institution for the purpose of investing in the Bitcoin currency.
© 2021 Arab Times Kuwait English Daily. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
