MUSCAT – In a statement addressing reports circulating on social media, the CBO clarified that cryptocurrencies are not guaranteed by the bank and carry no legal standing within Oman’s financial system.
The bank stated that this position is in line with the provisions of Banking Law No. 2025/2, which governs financial activities in the country. It further noted that cryptocurrencies remain unregulated and are not recognized as a payment method under the National Payment Systems Law No. 2018/8.
Read More
- 40 expats arrested in Muscat for labour violations, drugs, and counterfeit money
- Oman showcases cultural heritage at 40th Tunis International Book Fair
- Iran FM to visit Muscat, Moscow, Islamabad to consult on regional developments
- HH Sayyid Theyazin returns to Oman after strategic Kazakhstan visit
- Oman eyes high-value tourism boost in strategic talks with Thailand





