Tue, 21-Oct-2025

Kuwait enforces strict ban on cryptocurrency operations

South Korean crypto exchanges mandated to hold $2.3m reserves starting in September

Kuwait has recently taken a significant step by prohibiting almost all cryptocurrency operations, including well-known digital currencies like Bitcoin. On July 18, the Capital Markets Authority (CMA) of Kuwait issued a circular concerning the supervision and issuance of virtual assets within the country. The circular solidified the CMA’s determination to enforce an “absolute prohibition” on … Read more