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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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SEC Approves Nasdaq Tokenized Stock Trading

The SEC approved a Nasdaq rule allowing tokenized stock trading, concluding it aligns with federal law and investor protections.Tokenized...

Algorand Foundation Cuts 25% of Staff Amid Crypto Downturn

The Algorand Foundation has cut 25% of its workforce, citing the crypto market downturn and macroeconomic uncertainty.Despite the layoffs,...

Coinbase Eyes Cloudflare Stablecoin Launch This Year

Coinbase is competing to issue a new stablecoin for Cloudflare, which is set to launch later this year, according...

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