SejongWisdom
Fri Jun 07 2024
|
7 answers
1914
Can I buy cryptocurrency in Saudi Arabia?｜In Saudi Arabia people may buy Bitcoin (BTC) with all Saudi Arabian bank cards. Alawwal Bank is the first bank opened in the country.
Could you please provide some clarity on whether it is permissible to purchase cryptocurrency in Saudi Arabia? I understand that Bitcoin (BTC) can be acquired using Saudi Arabian bank cards, but I'm curious about the legality and regulations surrounding this practice. Additionally, I've heard that Alawwal Bank is the first bank in the country to offer such services. Could you elaborate on this? Would it be advisable to proceed with a purchase through this bank, and are there any specific steps or considerations I should be aware of? Thank you for your assistance in this matter.
