23 February 2014

Central Bank of Jordan Blocks Financial Companies from Bitcoin

It was the Central Bank of Jordan’s (CBJ) turn to issue a digital currency warning this week, advising the public of the risks associated with the use of the financial tools, and blocking financial companies from engaging in bitcoin business.


“Recently, a global phenomenon of trading a virtual currency called bitcoin became active around the world,” the bank noted, adding:



“CBJ seeks to protect citizens and the investors, by warning them that virtual currencies are not legal tender and there is no obligation on any central bank in the world or any government to exchange its value for real money issued by them nor backed by underlying international commodities or gold.”


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February 23, 2014 at 05:50PM