Egypt

Egypt’s Largest Bank Joins Ripple Network for Cross-Border Payments

Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.

Business  ·  19 May 2021

Egyptians Are Buying Bitcoin Despite Prohibitive New Banking Laws

Egyptian crypto trading volume and exchange sign-ups increased dramatically this past January, capping off an already high-volume 2020.

Business  ·  5 March 2021
Bitcoin

Encrypted Email Service Launches on Blockstack With Bitcoin Features

An Egyptian web firm is building Dmail on Blockstack to bring bitcoin-friendly privacy tech to the Middle East.

Policy & regulation  ·  3 June 2019
Cryptocurrency

Egypt Lifts Ban, Will Allow Licensed Cryptocurrency Companies

Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.

Business  ·  29 May 2019
Crime

Monero Mining Malware Attack Linked to Egyptian Telecom Giant

Thousands of devices allegedly affected by malware across Egypt, Turkey and Syria.

Policy & regulation  ·  12 March 2018
Regulation

Egypt’s Religious Leader: Crypto Trading Forbidden Under Islamic Law

Egypt's Islamic religious leader says the cryptocurrency trading is not legal based on the Islamic religious law.

Policy & regulation  ·  2 January 2018
Regulation

Egyptian Regulators Kill Rumor Domestic Banks Might Handle Bitcoin

Egypt's central bank recently shot down rumors that it would allow banks in the country to handle cryptocurrencies like bitcoin.

Policy & regulation  ·  14 July 2017