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Egypt News

Egypt, officially the Arab Republic of Egypt, is a country located in the northeast corner of Africa and the southwest corner of Asia. Egypt has an area of one million square kilometers and a population of over 97 million people. Egypt has a stable mixed economy that suffered greatly from the revolution of 2011. Egypt’s main export goods are petroleum products, textiles, chemicals and agricultural goods. The most important trading partners of Egypt are the United Arab Emirates, Saudi Arabia, Italy, Turkey, the United States and the United Kingdom. There are no specific laws covering Bitcoin in Egypt. However, it is illegal to trade Bitcoin in Egypt and further cryptocurrency regulations may appear soon. Egyptian authorities have banned Bitcoin, as it is not covered by financial control laws. The technology of blockchain in Egypt is developing, with several startups, and is covered in IT media. Business incubators are working on blockchain products and aim to get them on the international level.
Egyptian Bitcoin enthusiast Ahmed Elmogy thinks Bitcoin is doing well in his country and would do even far better if it is not the military regimes negative per...
Bitcoin in Egypt Is Treated Like Narcotic Drugs, But Enthusiasts Soldier On
Frisco d'Anconia
2017-02-09T11:05:00+00:00
2240
Bitcoin payments startup Yellow has launched a bitcoin voucher service in Egypt, as an alternative solution for “costly and inconvenient” payment platforms.
Yellow Launches Bitcoin Voucher Service in Egypt despite Country’s ‘Tough Market’
Joseph Young
2015-05-18T15:00:00+01:00
1455
Australia headquartered Bitcoin exchange Igot, experiencing rapid growth, planning to launch in Saudi Arabia and Egypt in December.
Bitcoin Exchange Igot 'Taking Remittance to the Next Level,' Expanding to Egypt and Saudi Arabia
Diana Ngo
2014-11-20T09:15:02+00:00
566

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