Quote from: Oshosondy on Today at 09:38:47 AM

Rubbish. I am referring to the Kuwaiti government.

They can ban Kuwaiti dinar and all the foreign reserves they have too. All of them are used by criminals.

Bitcoin do not depend on a single country.

Quote from: OmegaStarScream on Today at 09:25:23 AM

I personally wasn't expecting this, especially with their neighbor (UAE and Bahrain) doing the total opposite.

If some bitcoin critics are in government, there is nothing that can be done. But they like or not, a day is coming that more countries out of scanty that do not support bitcoin will support bitcoin and they will likely be among. Time will speak.

Bitcoin in Kuwait is in a tricky situation. The Kuwaiti government banned financial institutions from trading Bitcoin during its run in late 2017 due to high volatility, and Bitcoin is not legal tender in the country.

In May of 2021, the Central Bank of Kuwait (CBK) issued a statement warning the public about the volatility in cryptocurrency markets, reminding them that cryptos are not considered "real currency" that is regulated by state authorities, such as banks or monetary institutions."

However, Bitcoin is legal for residents of the country and citizens can buy and sell cryptocurrency without restrictions from supported exchanges like BitOasis, coinmama, paybis.

buybitcoinworldwide.com/kuwait