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Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities


A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency...

OFAC Warns Americans Against Facilitating Ransomware Payments


The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...

Bitcoin Will Break Out This Year, Says Devere CEO


The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...

South Korean Central Bank Launches CBDC Legal Advisory Unit


The Bank of Korea in Seoul. South Korea is once again intensifying the pace of its central bank digital currency (CBDC) progress – with a central bank-run team now investigating legal obstacles that might stand in the way of digital won issuance. Bitter political and financial rival Japan last week...

Malaysian Shariah Council Permits Cryptocurrency Investing and Trading


The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that...

Crypto Experts Join OECD ‘High Level’ Advisory Board


The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy...

3rd consecutive red day


CoinMarketCap Daily Newsletter Your daily newsletter for 19 November, 2019 “Things do not change; we change.” - Henry David Thoreau In today's newsletter, we will be covering:   Tassat and Blockfills launching a trade-at-settlement product for Bitcoin the FEMA advisory […] The post...

3rd consecutive red day


CoinMarketCap Daily Newsletter Your daily newsletter for 19 November, 2019 “Things do not change; we change.” - Henry David Thoreau In today's newsletter, we will be covering:   Tassat and Blockfills launching a trade-at-settlement product for Bitcoin the FEMA advisory […] The post...

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