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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: Halal

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

Category: Adoption, Altcoins, Blockchain, News, Platform

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. Plans to Expand into the Middle East Seeing the burgeoning fintech environment in the region, some regulatory bodies and financial…

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Agency Declares Cryptocurrencies as ‘Halal,’ Permits Muslims to Invest in Bitcoin and Cryptos

Category: Bitcoin, Blockchain, Business, Commentary, Finance, News

Agency Declares Cryptocurrencies as ‘Halal,’ Permits Muslims to Invest in Bitcoin and Cryptos

Amongst the neverending chaos surrounding it, one question that stands out is bitcoin’s compliance with the religious ‘Shariah’ law. To answer that, Blossom Finance, a microfinance firm based in Indonesia, published a detailed 22-page paper this week which inferred “Bitcoin qualifies as Islamic money, except where it is banned by a local government.” Is Bitcoin ‘Halal’? Since bitcoin has gained momentum…

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