Qatar Financial Centre bans crypto trading, confirms its regulator

The Qatar Financial Centre Regulatory Authority (QFCRA) has confirmed to The Block that it has banned cryptocurrency trading within the business center.

In a statement shared with The Block, the regulator said, “Virtual Asset Services may not be conducted in or from the QFC at this time." 

The banned services include fiat-to-crypto and crypto-to-crypto trading, custody, and financial services related to virtual assets, per the statement.