Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country's Muslim Population – Regulation Bitcoin News

Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country's Muslim Population

“Tarjih’s fatwa stipulates that cryptocurrency is illegal both as an investment tool and as a medium of exchange,” a statement on the Islamic organization’s website explained., the Islamic organization points to the volatility of cryptocurrencies as one of the reasons for issuing the fatwa. The organization argues that since cryptocurrencies like bitcoin are not backed by an asset and are thought to be obscure, they are therefore not lawful for use by Indonesia’s Muslims.

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I believe that these things should not intersect with each other in any way! If crypto doesn't negate religion, then why does religion negate crypto

Its old news.. Lol whales wanna buy the dip 🤣🤣🤣

Lol, Indonesia the big city for Corruption ,Tell about religion? Bulshit

It is actually forbidden to forbid what is halal. They are committing sin. Volatility cannot be an excuse to declare bitcoin haram. It is a currency. Its price doesnt matter in the context of it being halal or haram. Each crypto should be reviewed seperately by the way...

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So the people who live in dirt huts and stone woman to death said what?

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