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Egypt's Grand Mufti: Bitcoin is forbidden in Islam

Retrieved on: 2018-01-02 10:03:45

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<div>In it, he wrote said that trading such a "<b>virtual currency</b>" was not permissible as it is not considered by legitimate bodies an "acceptable interface of exchange." Highlighting that Bitcoin is not subject to the state's supervising and financial authorities, Allam said his fatwa was issued following consultations ...</div>

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