Trading cryptocurrencies are illegal in Saudi Arabia

[xtinepink]

The government of Saudi Arabia issued a statement regarding cryptos that bitcoin and other crypto trading is illegal in their country. 

Mainly because they said that cryptocurrency are high risks investments and that the government does not have supervision with this kind of activity. 

Although they didn’t announce any consequence for people who found to be trading in cryptocurrencies.

 

what are your thoughts?

source: 

https://www.coindesk.com/bitcoin-trading-is-illegal-in-saudi-arabia-warn-watchdogs/

[Kate]

Well they banned it for a good reason which is debatable not lioe oh we cant tax it so ban

[UnicornMan69]

Well luckily Im not from Saudi Arabia.