ethan_thompson_psychologist
Sat Jun 08 2024
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7 answers
1105
Is Bitcoin halal in Malaysia?｜2.2. 1. The Chairperson of the Shariah Advisory Council of Bank Negara Malaysia (BNM), Dato' Dr Mohd Daud Bakar, said that cryptocurrency and digital currency are permissible from the Shariah perspective, unless there is a legal ban in a particular jurisdiction.Cryptocurrencies and crypto assets are permissible
Could you please elaborate on the Shariah perspective towards cryptocurrencies in Malaysia? Does Dato' Dr Mohd Daud Bakar's statement indicate that Bitcoin is specifically considered halal in the country? Additionally, are there any legal bans or regulations in Malaysia that prohibit the use of cryptocurrencies? Lastly, how does the Shariah Advisory Council of Bank Negara Malaysia generally approach the legality and acceptability of digital currencies in Malaysia?
CryptoAce
Sat Jun 08 2024
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5 answers
1168
Is crypto legal in Qatar?｜Like the QFCRA, Qatar's central bank announced that it is illegal to trade bitcoin in the country of Qatar. The rationale for banning bitcoin is because the coin is highly volatile and can be used for financial crimes and electronic hacking as well as risk loss of value because there are no guarantees or assets.
Could you please clarify for me the legality of cryptocurrency in Qatar? It seems that Qatar's central bank, along with the QFCRA, has declared trading bitcoin illegal in the country. I'm curious about the reasons behind this ban. Is it due to the highly volatile nature of bitcoin, its potential use in financial crimes and electronic hacking, or the risk of loss of value since there are no guarantors or assets backing it?
Martina
Sat Jun 08 2024
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5 answers
714
Can I buy USDT in Saudi Arabia?｜Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Tether.
Could you please clarify for me, is it possible to purchase USDT in Saudi Arabia? And if so, could you elaborate on the process? I understand that Bitget is an option, but I'm curious about the steps involved. Do I need to register an account first? What kind of identity verification is required? And regarding payments, can I use my bank transfer, debit card, or credit card? Also, I'm concerned about security. How do crypto wallets ensure the safety of my transactions? This seems like a popular way to buy Tether, but I want to make sure I understand everything before proceeding. Thank you for your help.
CharmedWhisper
Sat Jun 08 2024
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5 answers
1172
Is cryptocurrency considered a foreign asset in Canada?｜CRA concluded that If those funds or intangible property were “situated, deposited or held outside of Canada,” then they should be classified as specified foreign property and thus subject to reporting.cryptocurrency was considered “funds or intangible property.”
Could you please elaborate on whether cryptocurrency is considered a foreign asset in Canada? It's mentioned in the CRA's conclusion that if certain funds or intangible properties are located, deposited, or held outside the country, they are categorized as specified foreign property and thus subject to reporting. Given that cryptocurrency is considered as "funds or intangible property," how does this fit into the Canadian tax and asset classification framework? Could you also provide some insight into the potential tax implications for Canadians holding cryptocurrency?
Tommaso
Sat Jun 08 2024
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6 answers
1389
Can Brazil buy Bitcoin with Binance?｜Brazilian government now allows the trading of Bitcoin and other digital assets within federal financial systems, making cryptocurrency more popular. .The top three places where anyone can buy Bitcoin in Brazil are Binance, Kraken, and Bitfinex
Can Brazilian residents indeed purchase Bitcoin using the Binance platform? I'm curious because I've heard that the Brazilian government has recently authorized the trading of Bitcoin and other digital assets within its federal financial systems, which seems to have sparked a surge in popularity for cryptocurrencies in the country. Given this backdrop, I'm particularly interested in understanding the role of Binance in this emerging market. Are Binance, Kraken, and Bitfinex indeed the top three choices for Brazilians looking to acquire Bitcoin? And if so, what are the specific advantages or features that make Binance stand out as a preferred option?
