The use of crypto assets as a currency is forbidden for Muslims, according to Indonesia's council of religious leaders.
The National Ulema Council, or MUI, has deemed cryptocurrency as haram, or banned, as it has elements of uncertainty, wagering and harm, Asrorun Niam Sholeh, head of religious decrees, said on Thursday after the council held an expert hearing. If cryptocurrency as a commodity or digital asset can abide
Read more on ndtv.com