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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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AMD Stock Defies Market Dip, Trades Above $491 Average Target
Advanced Micro Devices Inc (AMD) stock traded at $551.63, a 2.65% gain, surpassing Wall Street’s average price target of...
U.S. Senate Bill Bans Federal Digital Dollar Until 2030
The U.S. Senate passed a major housing bill with a provision banning a Federal Reserve-issued central bank digital currency...
U.S. Senate Advances 4-Year Ban on Fed CBDC
The U.S. Senate passed a four-year prohibition on a Federal Reserve central bank digital currency by an 85-5 vote,...
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XRP’s “Boring” Phase a Hidden Blessing, Say Analysts
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