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Qatar Financial Centre Puts Blanket Ban on Cryptocurrency Businesses

Published 01/06/2020, 04:35 AM
Updated 01/06/2020, 06:21 AM
Qatar Financial Centre Puts Blanket Ban on Cryptocurrency Businesses

The Qatar Financial Centre Regulatory Authority (QFCRA) announced that virtual asset services may not be conducted in or from the Qatar Financial Centre (QFC).

The regulator announced the new measures in a tweet published on Dec. 26, stating that authorized firms are not permitted to provide or facilitate the provision or exchange of crypto assets and related services until further notice. The QFCRA warns:

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