Let’s take a look at the cryptocurrencies market in Egypt and middle eastern countries.
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Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that have the appropriate license from the Central Bank of Egypt (CBE) will soon be able to trade in cryptocurrency without fear of breaking any religious laws.
The Central Bank of Egypt (CBE) has also warned against dealing in bitcoin and other cryptocurrencies
The total market capitalisation of all cryptocurrencies currently in circulation reached a record high of $334.5bn on Saturday, according to data from industry website CoinMarketCap, as a result of the recent Bitcoin price hike. A total of 16 coins are currently valued at $1bn or more, and around 13 coins are coming in at over …