The Central Bank of Iraq warns against dealing with digital currencies
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
The Central Bank of Iraq warns against dealing with digital currencies

11/11/2021
Economy News _ Baghdad
Today, Thursday, the Central Bank of Iraq warned against dealing in encrypted digital currencies, indicating that it had not been granted any license to deal with them.
And his media office said, in a statement received by Al-Iqtisad News, that the Central Bank of Iraq is closely following transactions in the digital, encrypted and virtual currency market, given the great risks associated with these currencies and their failure to be subject to any legal, regulatory or technical controls or legislation in Iraq.
He added, in order to avoid any negative repercussions resulting from dealing with these currencies, which have high volatility and speculation in them, the Central Bank of Iraq warns against using them, and does not guarantee such currencies and does not provide legal protection for those who deal in them and has not granted a license to any digital currency currently encrypted.
Recently, the phenomenon of "digital currencies and trading in them" has spread in large areas of the world and some areas of Iraq, especially the western ones, which is a new and strange phenomenon for Iraqis.
https://economy-news.net/content.php?id=26763
RamblerNash- GURU HUNTER
- Posts : 24025
Join date : 2015-02-19

» Central warns against dealing with electronic trading companies on currencies and gold
» The Central Bank warns against dealing with a commercial company
» Central bank Warns citizens from dealing banknotes do not deal with foreign banks
» Central Bank warns of dealing with the banking companies "illegal" and threatens to take strict measures
» In the document .. the Central Bank prohibits dealing with the director of the National Bank of Iraq
» The Central Bank warns against dealing with a commercial company
» Central bank Warns citizens from dealing banknotes do not deal with foreign banks
» Central Bank warns of dealing with the banking companies "illegal" and threatens to take strict measures
» In the document .. the Central Bank prohibits dealing with the director of the National Bank of Iraq
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» The World Bank announces its readiness to support Iraq by expanding the use of clean energy
» Increasing the capital of the Central Bank to 5 trillion dinars
» Iraq's U.S. Treasury Bond holdings jump to 26+ billion dollars
» Can We Do Without The Commentary!
» Cabinet Approves Loan Agreement for Water Supply and Sanitation Project in Baghdad
» Wiley Morgan of Gen64 on Skype Chat Friday Night ~ Updated 6/10
» Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency
» Al-Rasheed Bank announces the removal of its name from the list of international sanctions of the Charter of the United Nations
» The United States allocated 140$ million to support Iraq
» USD/IQD exchange rates climb in Baghdad
» NOPEC Law
» Turkish lira weakens to 15.16 against dollar
» Here's my guess
» Tony and Twitter
» Hamza Al-Jawahiri to / NINA /: The survival of quotas and consensus will not achieve any sustainable development for the national economy / expanded
» The appearance of Muhammad Salih to / Nina /: This is how the surplus oil revenues are disposed of
» USD closes slightly higher in Baghdad on Sunday
» The Central Bank of Iraq 75 years in the face of economic challenges
» (Budget Reserve) may see the light next Wednesday
» Al-Kazemi's advisor puts forward a proposal to double growth rates
» VOTE -- Who Is The Worst Dinarland INTEL Provider Today?
» “Dedicated to Service” on Instagram
» Rehabilitation of the Church of the Virgin Mary in the province of Basra within the Tamkeen project for community initiatives
» 95% of Iraqi revenues still come from oil
» CBI foreign currency sales hike in April
» Where does the excess oil price differentials go?
» Introducing myself...
» Amer Al-Jawahiri to / Nina /: Improving economic activities in the local market is more stable than deleting confusing zeros
» Iraq's oil generates more than 10 billion dollars in one month
» USD/IQD exchange rates inched up in Baghdad
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Exchange rate game in Iraq: how speculators grossed millions of dollars in 48 hours scheme
» Holly: "Remember we are not in the know of all that goes on behind the scenes" (More Guessing Games...Just What Everybody Needs! LOL) 7/13/21
» RV INTEL BY TEXAS SNAKE, BOB LOCK AND ED OCALA (Three Blind Mice? LOL) 12/8/21
» Technical Adviser to the Prime Minister: The positive effects of changing the exchange rate will be felt more after 3 years
» An economist stresses the need to invest surplus money from oil revenues in profitable projects
» CBI sells +212$ million in the forex auction on Monday
» USD/IQD exchange rates drop in Baghdad
» Outdated laws are a major economic challenge for the next government, Allawi says