Is cryptocurrency accepted in Iraq? Can you buy bitcoin futures in Iraq ? Yes, popular Bitcoin futures exchanges like Bitmex, Deribit, and FTX enable users to long or short BTC with up to 100x leverage.
Which countries do not allow crypto?
- Central African Republic.
Is crypto legal in Middle East? The Dubai Multi Commodities Centre has also termed cryptocurrencies as a commodity and opened the avenues for businesses holding a DMCC issued a license to trade in this commodity. All other countries in the Middle East region have either deemed crypto assets to be illegal or are yet to develop clear regulations.
Is crypto legal in Iran? In 2019, Iran officially recognized the crypto mining industry and began issuing licenses to miners, which are required to pay higher electricity rates and sell their mined bitcoins to Iran’s central bank. But the country has also repeatedly halted operations of crypto mining centers.