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Maldives Restrictions about Cryptos
#Maldives’ #CentralBank #DeniesIssuing Permits for #Crypto #Transactions

The central bank of the Maldives has warned citizens to be wary of advertisements appearing on social media platforms relating to the #trading of cryptocurrencies.

In a press release, the Maldives Monetary Authority (MMA) cautioned members of the public against transacting in #cryptocurrencies pointing out that it was the only agency responsible for licensing money exchange business and international as well as domestic money-remittance firms.

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