![Physical version of Bitcoin (BTC) and Kuwait Flag Physical version of Bitcoin (BTC) and Kuwait Flag. Conceptual image for investors in High Technology](https://coingeek.com/wp-content/uploads/2023/07/Physical-version-of-Bitcoin-BTC-and-Kuwait-Flag-380x188.webp)
Kuwait issues blanket ban on digital currency transactions
The digital currency transaction ban is the government’s latest attempt to crack down on money laundering rings operating in Kuwait.
The digital currency transaction ban is the government’s latest attempt to crack down on money laundering rings operating in Kuwait.
The Central Bank of Kuwait has cautioned Kuwaiti citizens against investing in digital currencies, reminding them that these currencies are unregulated, and they could end up losing all their money.