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https://cbi.iq/news/view/1866
The Central Bank of Iraq warns against dealing with digital currencies
November 14, 2021
The Central Bank of Iraq is closely following the transactions in the digital, encrypted and virtual currency market, given the great risks associated with these currencies and the fact that they are not subject to any legal, regulatory or technical controls or legislation in Iraq.
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.
Central Bank of Iraq
information Office
November 11, 2021
NOTE- the original announcement was dated & published Nov 11, 2021 at https://cbi.iq/news/view/1865
this announcement supersedes the original.
The Central Bank of Iraq warns against dealing with digital currencies
November 14, 2021
The Central Bank of Iraq is closely following the transactions in the digital, encrypted and virtual currency market, given the great risks associated with these currencies and the fact that they are not subject to any legal, regulatory or technical controls or legislation in Iraq.
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.
Central Bank of Iraq
information Office
November 11, 2021
NOTE- the original announcement was dated & published Nov 11, 2021 at https://cbi.iq/news/view/1865
this announcement supersedes the original.
