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Saudi arabia, algeria, bolivia to name a few. The saudi arabian monetary authority announced the ban on crypto and all virtual currency forms in december 2018. A standing committee, headed by the capital market authority in saudi arabia and including representatives of the ministry of trade and investment, the ministry of information, and the saudi arabian monetary agency, issued a formal statement, reaffirming the illegality of trading with bitcoin and other cryptocurrencies. Bitcoin is legal in saudi arabia and there are no restrictions on individuals purchasing or spending bitcoin. According to a statement issued by the saudi arabian monetary authority, country's central bank:
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Bitcoin in saudi arabia legal or not 2021.bitcoin is a digital currency which is started in 9 january 2009 and ita founded by satoshi nakamoto.
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