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Dec 21, 2019 · U.S.-allied Arab states Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and trade links with Qatar about 2-1/2-years ago … Qatar's Commercial Bank Unveils Blockchain Remittance ... The Commercial Bank of Qatar, the country’s largest private bank, has successfully completed a blockchain pilot in conjunction with a regional alliance of banks in Turkey, Oman and the UAE.
Mar 03, 2020 · In a circular sent to all banks operating in the country, Qatar Central Bank (QCB) said that trading in Bitcoin is not allowed in Qatar and penalties will be levied upon violation of the new law. With its value going through the roof before crashing back to more normal levels in recent times, Bitcoin had recently become a trend.