# Indonesia’s national Islamic council reportedly declares Bitcoin haram

# Indonesia’s national Islamic council reportedly declares Bitcoin haram

“# Indonesia’s national Islamic council reportedly declares Bitcoin haram ” The National Ulema Council (MUI), Indonesia’s top Islamic scholarly body, has reportedly found cryptocurrencies like Bitcoin (BTC) to be haram, or forbidden, by the tenets of Islam.  Asrorun Niam Sholeh, chairman of MUI’s Fatwa Commission, confirmed the religious authority’s rejection of cryptocurrencies due to alleged…

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# Huobi Group is moving to Gibraltar following China crackdown

# Huobi Group is moving to Gibraltar following China crackdown

“# Huobi Group is moving to Gibraltar following China crackdown ” Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown. According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading…

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# Acting CoC Hsu: More crypto regulation is needed

# Acting CoC Hsu: More crypto regulation is needed

“# Acting CoC Hsu: More crypto regulation is needed ” In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms. “Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and…

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# US Senator submits resolution too allow crypto payments in US Capitol Complex

# US Senator submits resolution too allow crypto payments in US Capitol Complex

“# US Senator submits resolution too allow crypto payments in US Capitol Complex ” U.S. Republican Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol complex. The resolution, titled Adopting Cryptocurrency in…

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