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Grand Mufti Of Egypt Issues Fatwā Against Cryptocurrency
The highest ranking Islamic official in Egypt has stated that virtual currencies are incompatible with Sharia Law.Local sources in Cairo are reporting that Egypt's...
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No Ban On Cryptocurrency, Says Malaysian Official
Malaysia’s deputy finance minister has clarified the country’s position on cryptocurrencies. There will not be a blanket ban against crypto.Local media is reporting that...
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Convergence Of Bitcoin And Financial Market Threatens Stability, Says ECB Board Member
Yves Mersch is worried that bitcoin may threaten financial stability as “market infrastructures such as stock exchanges enter this business.”The ex-governor of the Luxembourg...
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Block Reportedly Plans to Lay Off 10% of Workforce
Block Inc., owner of Cash App and Square, may reduce its workforce by as much as 10%.The company has...
Ex-Ripple CTO: Nations Adopting XRP for Geopolitical Strategy
XRP adoption is a strategic geopolitical move by nations seeking a neutral settlement currency, not just a speculative investment.Former...
Coinbase Resists Nevada Attempt to Block Prediction Markets
Coinbase shares remained resilient near recent highs despite Nevada regulators seeking an emergency court order to block its prediction...
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US Rep. Ro Khanna Expects Stablecoin and Crypto Market Structure Bills to Pass This Year
California Representative Ro Khanna anticipates Congress will pass both...
