The law of the Bikini in the Arab world and the world

The legality of the Bitcoin in the Arab world

The law of the Biquin in the Arab world where, in the last period, questions about the legal duration of this encrypted currency have increased significantly, so we will speak in today ' s article about a rapid definition of the currency of Bitcoin and the legal extent of that currency (currently, of course) (revised also: /[The future of electronic commerce] (https://trinavo.com/%d9%d8%d8%d8%d8%d8%b3%a

" What's the Betcoin currency?

• [ Bitcoin is used as an electronic payment system] (https://trinavo.com/), the idea of Bitcoin was to create a currency that could be independent of all central systems with the capacity to share data in a manner that does not require any broker to validate and process transactions.
• Since this process speaks independently of banks, Bitcoin has the capacity to transfer without transaction fees.
• There's no one controlling the Bitcoin network.
• They are also not printed in material form such as the dollar, the euro or the sterling pound. Instead, it is produced or extracted by persons and companies.
• This is done through highly sophisticated computers using programmes to implement complex sports algorithms.

How's the Bitcoin released?

• Pitcairn is not issued by a central bank or financial institution, unlike paper money. Instead, all of Pitcairn's currencies are digitally mining through an online society.
• Any person can join the network and prepare the currencies of the Bitcoin alone by using the power of the enormous computer or simply purchasing the currencies of the Bikini from an individual or intermediary at the current conversion rate.
• Unlike central banks around the world that print more money (and undervalue its currency), there are a limited number of Pitcairn currencies.
• The Bitcoin Protocol provides that only 21 million Petcoins can be prepared.
• Each Pitcoin can also be divided into smaller parts, such as the sterling pound when divided into pennies, the smallest part of the Betcoin currency will be divided into 100 million Pitcairn.

" Why do traders prefer Bitcoin on paper coins?

• It's an unknown currency. Anyone can keep the addresses of Bitcoin multiple.
• There is also no personal information required, such as real names, addresses or payment details.
• There is no central exchange, each computer that separates the currencies of the Bitcoin and handles transactions becomes part of the Bitcoin network, where all the devices work in an interconnected manner.
• Unlike paper currency, there is no central authority that can change the price or influence monetary policy such as the Bank of England, which can affect the value of the sterling pound through policy decisions or interest rates.
• It also means that in the event of a failure in the Bitcoin network, funds will continue to flow between devices.
• Low and fast-track cost of implementation can send funds anywhere in the world and deliver them in real time.
• All you have to do is wait for the Pitcairn network to process the payment.
• In traditional currencies, you have to pay a large fee with the bank that deals with it for international money transfer services, but this does not apply to Bitcoin.
• You may only have to pay transaction fees if you use an intermediary, usually much less than bank transaction fees.

See also: [Internet profit routes] (https://trinavo.com/%d8%b8%d8%b1%d9%82-%d8%a7%d9%d8%b1%d8%a8%d8%d8%d8%d8ad-%d9%86%d8%d8%d8%d9%84%d8%d8%a5%d9%d8%8%86%d8%a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8a%d8b8b8a%d8a%d8a%d8b8a%d8a%d8a%d8a%d8a%d8a%d8b8b8a%d8a%d8b

What is the legality of the Bikini in the Arab world and the world?

• Out of 246 States, 99 (40% of the world) have no laws restricting the currency of Pitcairn.
• While about 17 States (7% of the world) treat Bikini as illegal currency. On the other hand, 130 States (53% of the world) have yet to comment on the legality of their use within these countries.
• This poses a risk to confusion if these countries eventually decide to impose restrictions on encrypted currencies.

Countries in which Petcoin currency is banned

• Only a few countries have totally banned Biquin. A prominent example is Iceland, where the world ' s largest Pitcairn mining plant is located.
• But at the same time, residents can't buy Bitcoin's coins.
• This is done to try to prevent the withdrawal of capital from Iceland.
• The remaining five States: Bolivia, Bangladesh, Ecuador, Kyrgyzstan, Viet Nam, Algeria, Bangladesh, Bolivia, Cambodia, China, Colombia, Ecuador, Egypt, Indonesia, Iran, Morocco, Nepal, Pakistan, Saudi Arabia and Taiwan.

Countries in which the composition is considered legal

Austria, 88%, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Israel, Italy, Japan, Kyrgyzstan, Lebanon, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Slovenia%, Mexico, Namibia, Netherlands, New Zealand, Nicaragua, Norway, Switzerland, Ukraine

Countries where the currency of Bitcoin is limited (regulated)

• These are those States that have a legal basis for the Bitcoin currency but do not consider it a real currency, as Japan does.
• Where most of the world ' s nations fall in this category towards dealing with Bitcoin.
• For example, in the United States, the Futures Trade Commission classifies the Bikini as a weapon.
• The United States Treasury is looking at it as a company to deal with money.
• Other countries identifying (responsive) use of Bikini are Canada, India, Jordan, Thailand, the United Arab Emirates and Viet Nam.

Legality of Bitquin in the Arab World

We note that most Arab States prohibit, warn against and restrict Bitcoin for multiple reasons, the following table explains to each State the legal status of its formation so far.

♪ ♪ | | [Egypt] (https://en.wikipedia.org/wiki/Egypt) | | | | | | [Algeria] (https://en.wikipedia.org/wiki/Algeria) | | | | | | | [Sudan] (https://en.wikipedia.org/wiki/Sudan) | | | | | | | | [Iraq] (https://en.wikipedia.org/wiki/Iraq) | | | | | | | | | | [Morocco] (https://en.wikipedia.org/wiki/Morocco) | | | | | غير غير | [Saudiia] (https://en.wikipedia.org/wiki/Saudi Arabia) | | | | | |
| [Yemen] (https://en.wikipedia.org/wiki/Yemen) | | | | | | | | | [Syria] (https://en.wikipedia.org/wiki/Syria) | | | | | | | | | [Tunisia] (https://en.wikipedia.org/wiki/Tunisia) | | | | | | | | [Jordan] (https://en.wikipedia.org/wiki/Jordan) | | | | | | | | | [United Arab Emirates] (https://en.wikipedia.org/wiki/United Arab Emirates) | | | | | | | [Lebanon] (https://en.wikipedia.org/wiki/Lebanon) | | | | | [Libya] (https://en.wikipedia.org/wiki/Libya) | | | | | | | | | | | [Palestine] (https://en.wikipedia.org/wiki/State of Palestine) | | | | | | | | | | [Oman] (https://en.wikipedia.org/wiki/Oman) | | | | | | | | | | [Mauritania] (https://en.wikipedia.org/wiki/Mauritania) | | | | | | | | | | [Kuwait] (https://en.wikipedia.org/wiki/Kuwait) | | | | | | | | | [Qatar] (https://en.wikipedia.org/wiki/Qatar) | | with a warning | | | غير / unknown | [Bahrain] (https://en.wikipedia.org/wiki/Bahrain) | | | | | | | | | | [Djibouti] (https://en.wikipedia.org/wiki/Djibouti) | | | | | | | | [ Comoros] (https://en.wikipedia.org/wiki/Comoros) | | | | | | | | | |

Some details on the legality of the Bitcoin in the Arab world:

Egypt: No mining and circulation

Egyptian Court House, issued a religious decree classifying commercial transactions in Bitcoin as a dignity (prohibited under Islamic law) and official authorities prohibited mining and following metals.

Algeria: No mining and circulation

The purchase, sale, use and possession of the so-called default currency is prohibited. The virtual currency is used by Internet users via the web. It is characterized by the absence of material support such as mineral currency, cash, cheque payments or credit card. Any breach of this item is punishable in accordance with applicable laws and regulations.

Morocco: No amendment and deliberation

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No mining and trading

In accordance with article D.7.3 of the regulations for stored values and the electronic payment system, issued by the Central Bank of the United Arab Emirates in January 2017, all transactions in the " crykeys " (including encrypted currencies) are prohibited.

Saudi Arabia does not prevent circulation, not clear about mining, but is prohibited from the Central Bank

Financial institutions are warned against using Betcoin, which warns the Saudi Central Bank of the use of the Bitcoin currency because it is high-risk and no protection or rights will be guaranteed to its clients. at risk] (https://www.sama.gov.sa/ar-sa/News/pages/news12082018.aspx)

Jordan does not prevent trade, not clear about mining, but is prohibited from the Central Bank

The Jordanian Government issued a warning not to encourage the use of Bitcoin and other similar regulations. The Jordanian Central Bank prohibits banks, exchange companies, financial companies and propulsive services companies from dealing with Petcoin or other digital currencies. While it warned the public about the risks of Pitcino currency, and is not legal, it is not legal.

Lebanon: mining is not prohibited/unknown, trading is permitted, but the Central Bank warns against Petcoin.

Lebanon cautioned the Central Bank of Lebanon in a circular addressed to banks, financial institutions, banking, financial intermediation and the public in 2014 against the purchase, possession or use of electronic money. The circular was justified: " With reference to Basic Decree No. 7548 of 30 March 2000 on electronic financial and banking operations, in particular article 3 of the Act, which prohibits the issuance of electronic money by night " . 8.88%D.D. tcoin gains toehold in region] (https://www.dailystar.com.lb/Business/Lebanon/2014/Feb-248247-despite-warnings-bitcoin-gains-toehold-in-region.ashx)

Qatar: mining is not prohibited/unknown, trading is permitted, but the Central Bank warns against Petcoin.

88%DB(8%DBD%) t ocurrency in QFC] (https://www.securities.io/qatar-bans-all-cryptocurrency-in-qfc/)

Conclusion:

In the end, [hyper status of the home,] (https://ar.wikipedia.org/wiki/%D9%82%D8%,D9%%% 8% D8% 8% A%).