Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency

by CryptoExpert

April 19, 2024

in Regulation

Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency

The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in Fiji was illegal and that penalties could be applied to citizens doing so without the bank’s approval. Reserve Bank […]

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