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Jordanians turn to cryptocurrency despite ban

Despite the risk in the cryptocurrency trading market, it remains largely unregulated in Jordan, where thousands have invested amid lack of job opportunities.

Bitcoin
A young woman walks past a Bitcoin symbol in the window of a company that offers blockchain application services on Dec. 21, 2021, in Berlin, Germany. — Sean Gallup/Getty Images

Ahmed al-Hindi, a young Jordanian, spends hours in the evening trading cryptocurrencies. 

Hindi works in accounting and has been trading in cryptocurrencies since 2017. He aspires to make profit in a country where the unemployment rate among young people is 50 percent, and the general rate is 24.8 percent per year, according to the World Bank and the Jordanian Department of Statistics respectively.

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