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Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency


A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice...

FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware


FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions...

ABEYCHAIN Launches Decentralized Exchange XSWAP


ABEY Foundation, the organization that oversees the activities of multi-layer blockchain protocol ABEYCHAIN has revealed the launch of XSWAP: its native decentralized exchange. This development is expected to herald the beginning of innovations with the ABEYCHAIN DeFi ecosystem. XSWAP: Built...

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says


Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media...

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