BAGHDAD / The economic committee in the province of Dhi Qar on Tuesday warned citizens against speculating in the currency of electronic encoded content because of the risks of their collapse and the lack of clarity of the party responsible for them.
"Some countries have tended to deal with so-called electronic currencies, including the currency of Bettawin, which has reached about 17,000 US dollars and is on the rise, but we warn citizens against speculation and risk," said head of the committee Rashid Al-Sarai. There are negative indicators from most of the global bankers with the risks of dealing with this electronic currency, which has spread significantly and is still in the value of increasing, and may be useful for speculation, but it is a great risk.
"The owners of capital and bankers are required to be cautious about dealing with this currency and they should contribute to dealing in the useful things instead of risking speculations that may pose future risks."
The value of the electronic currency has not exceeded a few US cents in 2009 to the figure reached a fantastic about 17000 US dollars at the end of 2017.
The Central Bank of Iraq has confirmed, on Sunday (3 December 2017), that it does not deal with the currency Bitkwin Bitcoin, warning that the dealers will be subject to the tightening of the law on money laundering. Finished 2
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