Tag: Egypt crypto ban
Egypt Crypto Ban: Understanding Law 194 of 2020 and Its Impact
Detailed look at Egypt's Law 194 of 2020, explaining the complete ban on cryptocurrencies, the role of the CBE, and the impact on fintech and residents.
1-10 Million Pound Fines for Crypto Trading in Egypt: What You Need to Know
Egypt imposes fines of 1 to 10 million Egyptian pounds for cryptocurrency trading, with jail time as a possible penalty. Despite the ban, millions still use crypto due to banking limitations. Here's how the law works, who gets targeted, and why it's still widespread.