Central Bank of Oman issues warning about fraudulent cryptocurrencies such as Dagcoin
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Answer Central Bank of Oman issues warning about fraudulent cryptocurrencies such as Dagcoin
The Central Bank of Oman (CBO) has issued a warning regarding cryptocurrencies.
It was stated in a statement issued by Oman News Agency On its website, the Central Bank of Oman once again warns all citizens and residents against using cryptocurrencies such as Dagcoin and other similar digital currencies.
The Central Bank of Oman stressed that these currencies are fraught with risks due to their greatly fluctuating value and the risks of being exposed to electronic piracy and fraud when using them.
The Central Bank of Oman also confirmed that it has not granted any license to any institution or authority to trade or trade in cryptocurrencies or similar products, and the Central Bank of Oman does not guarantee them as money and are not subject to the protection of Omani Banking Law No. 114/2000, and whoever deals in these cryptocurrencies shall Doing so at his own risk.
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It is worth noting that we at Bitcoin Arabs periodically warn from our side about fraudulent cryptocurrencies such as the Dagcoin currency, about which we mentioned an article warning of it earlier:
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Why is Dag Coin considered a fraud?
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