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A governmental committee made up of saudi arabian regulators issued a statement clarifying that crypto trading is illegal in the kingdom. November 18, 2020, 11:03:20 pm. Not unlike most other markets, the regulators in saudi have been following developments with cryptocurrencies with great interest, mohammed elkuwaiz, the chairman of saudi arabia's capital. The committee affirms that virtual currencies, including but not limited to bitcoin, are illegal in the kingdom and that no parties or individuals are permitted to engage in such. Buy and sell bitcoins near you. Saudi arabian officials are working on the country's bitcoin policy, according to a top regulator. The standing committee, which is headed by the capital market authority. Kingdom of saudi arabia regulators issued a statement this week through its monetary authority. If bitcoin is indeed more halal and fiat currencies are haram due to the way they originate, then creating settlement systems in cryptocurrencies like bitcoin could make a great deal of sense. Here are the top exchanges to purchase bitcoin safely in saudi arabia some exchanges listed in our top exchanges to buy btc in saudi arabia list allow you to buy bitcoin anonymously without kyc verification in very small amounts (~$100). Get this easy to use bitcoin debit card in saudi arabia and enjoy exeperience of shopping and cashing out with your bitcoin! For the moment at least, most countries are allowing. Cryptocurrencies such as bitcoin are illegal in the country.
