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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...

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...

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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UNESCO: AI May Cost Creators Up To 24% Of Income

UNESCO projects AI could cause up to 24% revenue loss for music creators and 21% for audiovisual creators by...

Markets Dip 1.5% on Hawkish Fed Fears

The total cryptocurrency market cap dropped 1.5% to $2.3 trillion amid a sector-wide sell-off.Federal Reserve meeting minutes revealing a...

Warren Urges No Taxpayer Crypto Bailouts, Cites Trump Gains

U.S. Senator Elizabeth Warren is urging the Federal Reserve and Treasury to avoid a taxpayer-funded bailout for "cryptocurrency billionaires."The...

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