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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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Crypto Outflows Hit $4B in 5-Week Exit Streak

Crypto investment products saw $288 million in outflows last week, marking the fifth straight week of withdrawals.Bitcoin funds led...

Mystery Firm Laurore Ltd Buys $436M BlackRock Bitcoin ETF Stake

A mysterious offshore entity, Laurore Ltd, filed its first-ever SEC disclosure to reveal a massive, concentrated $436 million stake...

Analysis: Bitcoin Selloff Triggered by Macro Fears, Not News

Bitcoin sharply fell 4.6% from $67,600 to $64,435 during early Asian trading on Monday, triggering over $500 million in...

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