Renowned Islamic scholar Mufti Muhammad Taqi Usmani has issued a detailed religious ruling (fatwa) declaring the buying, selling and trading of cryptocurrencies to be impermissible under Islamic law. The fatwa, issued by Darul Uloom Karachi’s Darul Ifta and signed by its Muftis, states that cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), USDT, stablecoins and other blockchain-based
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