Uzbekistan's 'Crypto Ban' Not True, Says Religious Authority
CryptoNewsTerminal Staff07 Jun, 2024
Uzbekistan's 'Crypto Ban' Not True, Says Religious Authority
Uzbekistan's Islamic Authority Clarifies Stance on Cryptocurrency Uzbekistan's Islamic authority, the Fatwa Center, has clarified that its recent statement prohibiting cryptocurrency transactions was an error. The Fatwa Center had previously announced on social media that "all types of virtual currencies are prohibited since they contravene Sharia law." However, the center has now retracted its statement, saying, "The statement was posted on social media based on incomplete research findings, and we sincerely apologize for any misunderstanding created." Previous Related News * [Provide any pertinent previous news or developments.]
