Bitcoin Trading is Forbidden Under Islamic Law: Egypt’s Religious Leader

The post Bitcoin Trading is Forbidden Under Islamic Law: Egypt’s Religious Leader appeared first on CCN

Egypt’s foremost religious leader, or imam, has called for a ban on cryptocurrencies including bitcoin after claiming they are forbidden under Islamic law. Sheik Shawki Allam, the Grand Mufti (the highest official of religious law) in Egypt has said it is forbidden to trade cryptocurrencies – selling, buying or leasing them – after issuing a

The post Bitcoin Trading is Forbidden Under Islamic Law: Egypt’s Religious Leader appeared first on CCN

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