Cryptocurrencies between what is permissible and what is forbidden: Understanding the legal conditions and warnings
Why do we say that a digital currency is forbidden and when is it permissible?
Cryptocurrencies are a type of currency that relies on encryption technology and operates decentralized on the Internet without intermediaries or governments controlling them. The most famous of these currencies are "Bitcoin" and "Ethereum" and others. With the spread of digital currencies, questions have arisen about the ruling on dealing with them in Islam, and whether they are permissible or forbidden? To answer this question, we must study the subject from the perspective of Islamic law and analyze the nature of digital currencies and their impact on financial transactions.