Egyptian fatwa house warns against Bitcoin and cryptocurrencies
The Fatwa Secretary at the Egyptian Fatwa House, Sheikh Muhammad Abdel Samie, said that “Bitcoin is a laundering of forbidden money”, and warned that it comes with a loss of rights and legal violations. Samie answered a question regarding the ruling on investing in Bitcoin digital currencies such as gold, saying: “Gold has its value. …
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Egypt Independent
January 5, 2024
