A 10 million EGP fine will be imposed on anyone who encourages cryptocurrency trading, according to a warning from the Central Bank of Egypt to its citizens against dealing with or trading in any kind of cryptocurrency wallets. The Bank passed a legislation outlawing the issuance, trade, and promotion of cryptocurrencies in Egypt back in 2020.
A 10 MILLION EGP FINE TO BE IMPOSED ON ANYONE WHO ENCOURAGES CRYPTOCURRENCY TRADING ACCORDING TO CBE
