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Qatar’s Financial Authorities Ultimately Ban Cryptocurrencies and Derivatives

The Qatar Financial Centre (QFC) said that locals will not be eligible to use virtual assets of any kind (including, but not limited to cryptocurrencies) in 2020.Officials: Anything of Value Can be Considered as CryptocurrencyFinancial regulators of Qatar didn’t see much positive in the blockchain technology over the past years. This is seen from the intent to ban cryptocurrency usage in the country. But not only cryptocurrencies – the new law will mark as prohibited anything “of value that...

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