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Islamic Organization In Indonesia Issues New Decrees Against Cryptocurrencies That Could Shape Usage In The Country

Cryptocurrencies have been declared haram by the Tarjih Council and the Central Executive Tajdid of Muhammadiyah. The Islamic group claimed that cryptocurrencies violated Islamic law on two counts. It would be the third time an Islamic organization has spoken out against the industry, which shows no signs of slowing down in Indonesia. An Islamic group […] дальше »

2022-1-22 22:30


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Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia

A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. дальше »

2021-5-29 08:30


Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions

With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »

2020-10-31 19:08


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Iran releases gold-backed cryptocurrency

Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »

2019-2-8 17:22


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The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech […] The post The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub appeared first on Bitcoin News. дальше »

2018-9-19 11:55


Breaking Boundaries : Amidst Disapproval from top Islamists, UK Based Mosque Raises 14,000 GBP IN Cryptocurrencies

Quite a lot of patience and trust was needed to have cryptocurrency naysayers switch sides in order to quicken the acceptance of digital currencies. It is this same path that the UK based Turkish Mosque Shacklewell Lane is taking as it combats unanimous disapproval from top Islamic leaders and moves on to embrace the wonders […] The post Breaking Boundaries : Amidst Disapproval from top Islamists, UK Based Mosque Raises 14,000 GBP IN Cryptocurrencies appeared first on ZyCrypto. дальше »

2018-7-16 19:48