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Tunisian minister says he plans to ‘criminalize’ the purchase of bitcoin – Regulation Bitcoin News


Tunisia has become the latest African country to signal a willingness to adopt digital assets, following reports that Tanzania’s President Samia Hassan had asked her finance chief to look into cryptocurrencies. According to comments by Tunisia’s Minister of Economy Ali Kuli, the North African state will soon move to reduce the purchase of bitcoin. This comes after the recent arrest of a 17-year-old crypto user.

According to reportsMinister Cooley says he wants to make the purchase of bitcoins crime-free to save Tunisian youths from going to prison. This is through the country’s running behind vague cryptocurrency regulation. he recently said tv interview:

I’ll change the law, we can’t put a Tunisian young man in jail for buying bitcoins.

Government official’s remarks follow recent Tunisian reports to arrest of a 17 year old crypto user by law enforcement. In light of the lack of clear crypto laws in the country following reports of a teenager’s arrest on suspicion of money laundering, some members of Tunisia’s blockchain community criticized the government’s heavy-handed approach. Furthermore, crypto enthusiasts and sympathizers on social media started a movement that condemned the arrest of a crypto user.

Meanwhile, with these comments, Minister Quli became the latest Tunisian official to adopt crypto. In 2020, the governor of the Central Bank of Tunisia, Marouane Abbasi, said that the country needs to follow bitcoin and be prepared to effectively monitor its use cases.

What are your thoughts on Tunisia’s plan to free bitcoin from crime? Tell us what you think in the comment section below.

image credit: Shutterstock, Pixabay, WikiCommons

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