Qatar: Crypto Currency Trading Banned
Qatar’s Financial Centre Regulatory Authority is understood to have banned crypto currency trading although no official announcement has been made. The ban apparently applies to ‘anything of value that acts as a substitute for currency, that can be digitally traded or transferred and can be used for payment or investment purposes’. However, digital forms of securities or any other financial instrument under the remit of the Authority, the Qatar Central Bank or the Qatar Financial Markets Authority, will apparently still be allowed.