Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency

Islamic Organization in Indonesia Issues Fatwa Against CryptocurrencyA provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The local branch of the […]

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The Daily: Mycrypto Raises $4 million, Islamic Crypto Exchange Sets Foot in Malta

The Daily: Mycrypto Raises $4 million, Islamic Crypto Exchange Sets Foot in MaltaWallet solution Mycrypto has raised $4 million to build a platform allowing users to create new wallets, the full details of which are in this edition of The Daily. Also, the wallet advertised by software guru John McAfee, Bitfi, is removing the ‘unhackable’ claim from its branding, an Islamic crypto exchange applies for a license […]

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This Week in Bitcoin: Islamic Exchange, Self-Regulation, Social Trading

This Week in Bitcoin: Islamic Exchange, Self-Regulation, Social TradingIn this week’s daily editions of Bitcoin in Brief we reported about a new Islamic trading platform, a couple of steps towards self regulation of the industry and a new app for matching buyers and sellers off-exchange. The most commented-on article during the week covered the claims by Ripple that its coin is more decentralized […]

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Wendy McElroy: The Key to the Crypto Revolution’s Success is Overlooked

The Key to the Crypto Revolution’s Success is OverlookedThe Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 1 The Key to the Crypto Revolution’s Success is Overlooked by Wendy McElroy Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the […]

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The Daily: Proxy Bitcoin, Simjacking, Zencash Becomes Horizen

The Daily: Proxy Bitcoin, Simjacking, and Zencash Becomes HorizenIn today’s Bitcoin in Brief, we’ve got details of a new interoperability alliance to create proxy tokens such as bitcoin that can be represented on a single blockchain. There’s also news of UAE’s first Shariah-compliant exchange, more simjacking shenanigans, and Zencash has a makeover. We’ve got a lot to chew over, so let’s tuck in. […]

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UK Mosque Collects Four Times More Donations in Crypto Than Fiat

UK Mosque Collects Four Times More Donations in Crypto Than FiatA British Mosque has collected four times more donations in cryptocurrencies than fiat, showing another example of the growing importance of the innovative instruments in charity. People from all around the world donated to the mosque using cryptocurrency during Ramadan, including one transaction of over £5,200. Also Read: The Daily: Poloniex Goes Mobile, Cobinhood Adds […]

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