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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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Resolv Labs USR Stablecoin Hacked, Loses Dollar Peg

Resolv Labs confirmed the exploit hit the issuance mechanics of its USR stablecoin, causing a dramatic depeg to as...

LA Court Tests AI to Aid Judges, Not Replace Them

The Los Angeles Superior Court has begun testing an AI system called Learned Hand to help judges prepare cases,...

Bitcoin Mining Difficulty Dives as Energy Costs Surge

Bitcoin mining difficulty fell sharply by 7.76% this week, indicating reduced network activity as some miners shut down operations. Higher...

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