Kuwait Crypto Telegram Groups Bitcoin is legal for residents of the country and citizens can buy and sell cryptocurrency for free from supported exchanges such as BitOasis and other exchanges. Many cryptos are designed to have distinct advantages over fiat currencies or the traditional banking system, even if they do not yet have widespread use or adoption.
Kuwait has a complicated relationship with cryptocurrencies, but unlike many of its Middle Eastern neighbors, it has yet to ban cryptocurrency mining. The government does not recognize Bitcoin or other cryptocurrencies because legal tender and financial institutions cannot handle transactions.
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