The Maldives Monetary Authority (MMA) has alerted the public to be cautious over advertisements relating to the cryptocurrency trade. The authority claimed, “No party has been granted permission to conduct any financial transactions using cryptocurrencies or other virtual currencies in the Maldives,” and emphasized that the issuance of legal tender by other parties violates the law.
MMA denies permitting crypto transactionsIncryptsOct 17, 20180219
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