UAE Central Bank Governor Warns Against Use of Cryptocurrencies as a Medium of Payment

in #bitcoin • 6 years ago

United Arab Emirates (UAE) Central Bank Governor Mubarak Rashid al-Mansouri has issued a warning to the public against the use of virtual currencies as a medium of exchange.725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81NmFjYzg0NzQxNDZmNDBmNzFlMTQ5ODZmMGVkYmYxOS5qcGc=.jpg
He claims that digital currencies pose risks to the public as they can be utilized for such illegal acts as money laundering and funding terrorist activities.

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6 years ago in #bitcoin by
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