cryptocurrency

Mufti Taqi Usmani and other scholars declared purchasing goods with cryptocurrency impermissible under Islamic law, citing that crypto is not recognized as 'maal' (wealth) in Sharia. The fatwa mandates returning items bought with crypto and prohibits their use or resale.

Cryptocurrency markets are showing resilience amid equity weakness, with growing optimism surrounding altcoins as the weekend approaches. The article highlights a shift in investor sentiment toward alternative cryptocurrencies despite broader market challenges.

Federal inmate Rossen Iossifov faces new charges for allegedly taking $290,000 in government-forfeited cryptocurrency. The U.S. Department of Justice (DOJ) is prosecuting the case.

Nexo has launched the world's first dual debit and credit crypto card in Argentina, where the government began tracking all cryptocurrency transactions for tax purposes in May.

Bitcoin ETFs experienced another decline, while ether funds ended a five-day streak of inflows. The contrasting performance highlights diverging trends in cryptocurrency markets.

A former finance executive at The Epoch Times pleaded guilty to a $67 million fraud scheme involving cryptocurrency and stolen funds to boost the newspaper's revenue. The scheme, linked to a Vietnam-based group called the 'Make Money Online' team, used illicit proceeds from unemployment insurance benefits and stolen personal information to finance the publication.

The former chief financial officer of The Epoch Times, Weidong 'Bill' Guan, pleaded guilty to conspiracy in a $67 million money laundering scheme involving fraudulent unemployment benefits and cryptocurrency. He admitted to knowingly processing criminal funds through the company's accounts and personal accounts.

Weidong 'Bill' Guan, former CFO of The Epoch Times, pleaded guilty to conspiracy in a $67 million money laundering scheme involving cryptocurrency and fraudulently obtained unemployment benefits. The scheme used stolen personal information and prepaid debit cards to launder funds through the company's accounts, leading to a 410% increase in the organization's revenue.

Singapore's Temasek investment fund has announced it will no longer invest in cryptocurrency and will instead prioritize artificial intelligence. The decision reflects a strategic shift away from digital assets toward AI-focused opportunities.

Two major AI initial public offerings (IPOs) are expected to gain significant attention, potentially overshadowing the cryptocurrency market's current prominence.

The cryptocurrency market is experiencing a slump as Bitcoin declines, but cryptocurrency is expanding into areas like politics, sanctions, and global finance.

Temasek, Singapore's investment firm, remains cautious about cryptocurrency four years after its $275 million loss from investing in FTX, which later went bankrupt. The 2022 writedown sparked local criticism.

Analysts suggest that if the Federal Reserve intervenes to support the US stock market, cryptocurrency could benefit. Bitget Wallet COO Alvin Kan highlighted that the scale of the US stock market provides policymakers with a strong incentive to address significant declines.

The Better Business Bureau (BBB) warns consumers about unlicensed sportsbooks and online gambling scams, citing nearly 200 scam reports and over 10,000 complaints from 2022 to mid-2025. Issues include fake websites, unclear terms, and difficulty retrieving funds, with red flags like cryptocurrency payment demands and overseas business locations.

The Better Business Bureau (BBB) warns consumers about unlicensed sportsbooks and online gambling scams, citing nearly 200 scam reports and over 10,000 complaints from 2022 to mid-2025. Issues include fake websites, unclear terms, and difficulties reclaiming funds, with red flags like cryptocurrency payment demands and overseas business locations. The BBB advises verifying licenses, checking state gambling laws, and scrutinizing terms before betting.

The Better Business Bureau (BBB) warns sports bettors about unlicensed sportsbooks and online gambling scams, citing nearly 200 scam reports and over 10,000 complaints from 2022 to mid-2025. Issues include fake websites, unclear terms, and difficulty retrieving funds, with BBB highlighting red flags like cryptocurrency payment demands and overseas business locations.

Crypto and stocks declined following Trump's declaration that a ceasefire was 'over' after Iran conducted strikes. The market reaction reflects heightened geopolitical tensions.

Coinbase has obtained authorization in the UK to offer traditional investments in addition to cryptocurrency services. The move allows the company to expand its financial offerings to UK customers.

A judge has revived a fraud claim against Barry Silbert and Digital Currency Group (DCG) in a class action lawsuit involving Genesis Yield, a lending program that allowed customers to deposit cryptocurrency for interest payments. The lawsuit alleges fraudulent practices related to the program's operations.

President Trump stated he is a ‘big crypto guy’ and described cryptocurrency as ‘powerful’ during the launch of Trump investment accounts for children. He also mentioned distancing himself from his family’s crypto ventures.

Trump earned over $1 billion from cryptocurrency investments while most $TRUMP memecoin investors experienced financial losses.

South Korea is developing procedures to handle the seizure and liquidation of cryptocurrency assets. The amendments aim to formalize how courts execute civil judgments against cryptocurrency holdings.

Ether leads cryptocurrency markets in maintaining key price levels, while Bitcoin stabilizes above $63,000. Both assets show resilience in their current trading ranges.

A San Diego man used fake Gaza relief campaigns to raise nearly $600,000, which was sent to Hamas, and he attempted to transfer additional funds through cryptocurrency. Federal prosecutors are investigating the case.

The article addresses the implications of Congress's summer break on cryptocurrency regulations and market dynamics, emphasizing the current state of the crypto industry amidst legislative pauses.

Maryland Gov. Wes Moore criticized President Trump for making $1 billion in cryptocurrency, stating there is 'something fundamentally wrong' with the situation. Moore expressed concerns about how cryptocurrency is being handled in the context of Trump's financial gains.

Treasury Secretary Scott Bessent dismissed criticism of President Trump for earning over $1 billion in cryptocurrency profits during his presidency, stating there is 'no appearance problem.' Bessent emphasized the innovation aspect of the cryptocurrency gains during an interview with CBS News anchor Kelly O’Grady.

Vice President Vance earned up to $7.4 million in 2025, primarily from royalties of his 2016 memoir 'Hillbilly Elegy,' according to a financial disclosure report. The report also revealed his cryptocurrency holdings.

President Trump earned over $2 billion in 2025, including $1.2 billion in cryptocurrency income, according to financial disclosures. Democrats are using this to contrast his economic experiences with current issues like rising prices and a weak jobs environment.

Eli Levon, a 21-year-old US national studying at Jerusalem’s Mir yeshiva, was charged with spying for Iran after allegedly sending pictures of city sites via Telegram and hiding a flash drive in a restaurant for $1,400 in cryptocurrency.

Donald Trump claims there is no issue with his family’s cryptocurrency-related financial gains. The statement addresses the family’s earnings from cryptocurrency investments.

Democrats may intensify investigations into President Trump's actions, including allegations of weaponizing the Department of Justice and pursuing cryptocurrency ventures, if they secure a House majority in the midterms. Legal experts suggest these issues provide ample material for scrutiny.

President Trump's 2025 financial disclosure revealed $1.4 billion in income from cryptocurrency ventures. CPA Shehan Chandrasekera, head of tax strategy at CoinTracker, provided analysis on the matter.

Trump's billion-dollar crypto gains have led to significant losses for millions of investors as a global bear market erases trillions in paper profits. The downturn has left many holding substantial losses.

Trump denied a conflict of interest over cryptocurrency ventures, which he and his family earned over $1 billion from last year. The Vatican declared the traditionalist Society of St. Pius X has entered schism.

President Donald Trump's over $1 billion earnings from cryptocurrency during his presidency have emboldened Senate Democrats pushing for legislation to restrict his profiting from digital assets, complicating negotiations on a crypto bill. Democrats argue the financial disclosure strengthens their position in ethics language discussions but acknowledge finalizing restrictions on Trump remains unlikely without addressing his sons' involvement.

Pakistan's human smuggling industry, valued at 80 billion rupees, leverages social media, hawala, and cryptocurrency to facilitate illegal migration. A 17-year-old from Kharian, Punjab, exemplifies the trend, seeking to join relatives abroad despite risks, fueled by Spain's 2026 regularization program and online recruitment.

President Trump gained $636 million from cryptocurrency during the first year of his second term, marking a significant financial windfall.

Cases related to Hawala and cryptocurrency transactions are to be transferred to central agencies. The move suggests increased regulatory scrutiny of these financial systems.

US President Donald Trump reported over $1.4 billion in cryptocurrency-related income during 2025, according to a financial disclosure filed with the Office of Government Ethics. The document indicates digital assets surpassed real-estate, licensing, and resort businesses as his primary income source.