6 hours agoGrand Mufti seeks Bitcoin ban
Periskopi(8 years ago)
(8 years ago)Shawqi Allam, who is Egypt's Grand Mufti, has declared the circulation Bitkoin illegal, while demanding an official religion for fear it may be being used by terrorists. The religious leader, who is the state interpreter of religion, insists on the creation of fetva or certain legal decision that prohibits circulation [...]
The religious leader, who is the state interpreter of religion, insists on the creation of religion or certain legal decision, which prohibits the circulation of this digital money, for fear of its use can also be exploited in criminal transactions.
“can create stable and secure financial resources for terrorists and criminal groups” has said Allam.
Based on recommendations by economic experts, the mufti has said that this form of payments causes great danger to individuals and the state in general.
The common money and banking system are controlled and show the stability of the state” has said, among other things, the official interpreter of religion.
