Questions tagged - Cryptocurrency

CherryBlossomFalling Fri Jun 07 2024 | 5 answers 1064

Is Bitcoin stock halal or haram?｜. This is due to its speculative nature, likened to gambling, and the involvement of uncertainty and risk, which contradicts Islamic principles emphasizing risk-sharing and avoiding speculation. Trading futures in cryptocurrency is generally considered haram in Islamic finance

Could you kindly explain whether Bitcoin stock is deemed halal or haram according to Islamic principles? It seems to have a speculative nature that compares to gambling, involving uncertainty and risk, which might conflict with the Islamic emphasis on risk-sharing and avoiding speculation. Additionally, would you agree that trading futures in cryptocurrency is generally considered haram in Islamic finance? I'm seeking clarity on these matters to ensure my financial decisions align with my religious beliefs. Thank you for your assistance.

SsangyongSpiritedStrengthCourageBravery Fri Jun 07 2024 | 5 answers 1402

Which country is no. 1 in cryptocurrency?｜Note that if we were to rank countries based on their actual number of crypto owners, , China would rank second at 59 million people, and the U.S. would rank third at 52 million people.India would rank first at 93 million people

Which nation currently holds the top spot in the global cryptocurrency rankings? It's worth noting that if we were to categorize and rank countries solely based on the sheer number of individuals owning cryptocurrencies, China would secure a respectable second place with approximately 59 million crypto holders. Closely following, the United States would occupy the third position, boasting a figure of 52 million crypto owners. But the real question remains - who leads this race with the largest number of crypto enthusiasts? The answer is India, standing tall at the top with an impressive count of 93 million cryptocurrency owners.

EclipseChaser Fri Jun 07 2024 | 7 answers 1360

Can Brazil use cryptocurrency?｜. The text approved brings ideas, resolutions and guidelines for the provision of services related to virtual assets, such as payments in cryptocurrencies.In late 2022, the Brazilian Congress approved the bill that regulates the crypto market in Brazil

Could you please elaborate on the current status of cryptocurrency usage in Brazil? I understand that the Brazilian Congress approved a bill towards the end of 2022, regulating the crypto market in the country. Does this mean Brazilians can now legally use cryptocurrencies for payments and other financial transactions? What specific ideas, resolutions, and guidelines does this approved text provide for services related to virtual assets? Would you also be able to discuss any potential challenges or opportunities that may arise from this regulation?