Egyptian Government’s Hardline Stand Against Bitcoin Remains Unshaken

 The Egyptian government has renewed their hardline stance against cryptocurrencies after rumors had begun to resurface about banks in the country being allowed to handle them.The government stated,

“For the stability of the Egyptian banking system, the banks deal with the official currencies only, and never deal with any virtual currencies.”

The hardline statement closes any possibility in the near future that the government will change their stance on the burgeoning cryptocurrency market. 

The author of the article  Jon Buck  https://cointelegraph.com/authors/jon_buck

Read more  https://cointelegraph.com/news/egyptian-governments-hardline-stand-against-bitcoin-remains-unshaken

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