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Muslims in Indonesia Have Been Asked Not to Trade Crypto

Not long ago, the national council of Islamic scholars stated that Muslims in Indonesia should not be permitted to trade crypto as it exposes investors to unnecessary risk and goes against Islamic law. From there, Indonesia’s Ulama Council announced a fatwa on bitcoin, which is classified as a “non-binding religious ruling.” Bitcoin has since been declared haram, or something that is forbidden. Indonesia Has Become a Crypto Hotspot KH Asrorun Niamm Sholeh – the council’s...

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