Cryptocurrency trading in Jordan 🇯🇴 is gaining popularity, even though the government recently reiterated its ban on digital assets. Will it help the 50% unemployed Jordanian youth? 😶 By CMCAlexandria Author: TheCoinPope1 Editor: YousraAASheikh
crypto trading among young people is booming in Jordan, an English-speaking news outlet covering The Middle East, tells the story of Ahmed al-Hindi, a young Jordanian accountant that spends his evening hours trading crypto. Hindi told al-Monitor:
"[...] due to their lack of experience in this field, the currency's depreciation as a result of exchange rate fluctuations, the possible losses stemming from fraud, piracy, hacking and theft, and the absence of a legal framework that guarantees the right to appeal before judicial authorities." The former head of the Association of Banks in Jordan, Mufleh Akl, went along with the governor, saying that investing in crypto is "futile" and "a game of despair." Young people needed education about the fraudulent practices of some companies in the space.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mastercard Plans on Hiring 500 More Cryptocurrency Specialists, Aims to Help Banks with Crypto AdoptionICYMI: Mastercard intends to expand its consultation services by hiring 500 more professionals cryptoadoption
Read more »
Rare, Signed Michael Jordan, Kobe Bryant Jersey Card Up For AuctionICYMI: The two greatest shooting guards in NBA history are featured on a super-rare, SIGNED jersey card ... and now's your chance to own it.
Read more »
Gymnasts Suni Lee, Jordan Chiles, and More Celebrate Simone Biles's EngagementSuni Lee is screaming, MyKayla Skinner was waiting for the day to happen, and Nia Dennis flat out loves their love!
Read more »
Jim Jordan backs Trump to win in 'landslide' 2024 rematch against ClintonOhio Representative Jom Jordan called for ramped-up investigations into Clinton if Republicans win back Congress in November.
Read more »
How Is Snail Mail's Lindsey Jordan Celebrating Valentine's Day? A New Song, and Maybe Some Italian FoodVogue spoke to Lindsey Jordan about going back on tour, recovering from vocal surgery, and planning an ideal Valentine's Day celebration.
Read more »