📛🇩🇿 Algeria bans cryptocurrencies and imposes strict penalties! $BTC $ETH $SOL
The Algerian parliament has approved a new law aimed at combating money laundering and financing terrorism, which includes a clear provision that criminalizes dealing in cryptocurrencies in all their forms:
🔒 Completely prohibited:
• Buying or selling cryptocurrencies
• Storing or possessing them
• Promoting them by any means
⚖️ Penalties:
• Up to one year in prison
• Or a fine between 2 million and 10 million Algerian cents
• Or both penalties together
📌 A step reflecting a strict approach towards digital assets in Algeria, emphasizing the importance of legal awareness before entering the world of digital currencies.
