Regulations
By Dan Saada
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Egypt banned all cryptocurrencies per Islamic Law. There is a proposed bill focused on banning the creation, trading, and promotion of cryptocurrencies without any license.
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Shawki Allam, the current Grand Mufti of Egypt, stated early in 2018 that technology might probably undermine the tax system through money laundering and several other fraudulent…
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Now, since the cryptocurrency is expanding in the neighboring states, Egypt is considering to explore the opportunities by softening the stance.
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The bill proposes that the board of directors of the Central Bank of Egypt (CBE) will be given the exclusive right to regulate the cryptocurrencies and requiring them to increase…
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The new law provides the powers to The Board of Directors to frame rules and procedures to regulate all transactions related to cryptocurrencies, ranging from electronic payment…
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A recent research paper from the University of Vaasa in Finland has researched the chances of a cryptocurrency default.
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The performance of a coin on the first day of its launch has a lot to reveal about how the crypto will perform down the lane.
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Those companies who are into a lot of pre-mining are very likely to fail. The research indicates that pre-mining by itself is not harmful, a lot of it is, however, an…
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Those companies that have anonymous founders are an indicator of bankruptcy. It has been seen that nearly 79% of the defaulting cryptocurrency companies have had unknown…
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