Egypt’s First Bitcoin Exchange Gears Up to Launch by End of August

[kreslik.news]

The hype around cryptocurrency continues to grow across the emerging markets as a new Egypt-based exchange opens later this month, promising to give investors better trading access in the Middle East’s most populous country.

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Founded by Rami Khalil and Omar Abdelrasoul, a cryptocurrency startup called Bitcoin Egypt will launch the country’s first exchange, based in Cairo, on August 31. It is understood that the exchange will go into a beta testing phase before the full operational lauch.

In its early stages, Bitcoin Egypt will only support trading between ... (read more)