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Tag: Central Bank of Egypt crypto

Cross-Border Crypto Transfers from Egypt: Legal Risks and Real-World Consequences

8

January

Cross-Border Crypto Transfers from Egypt: Legal Risks and Real-World Consequences

  • Categories: Cryptocurrency
  • Comments: 21

Cross-border crypto transfers from Egypt are illegal under Law No. 194 of 2020, with penalties including fines up to $213,000 and imprisonment. Despite this, millions use crypto to survive economic collapse, creating a dangerous underground market.

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