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India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. Islam has strict financial laws � and since crypto is so new, Sharia law around this kind of currency can be difficult to interpret. Cryptocurrency exists in a grey area today, which is why there is such a strong ongoing debate. The status of cryptocurrency as halal or haram remains a subject of intense debate that has pitted Islamic finance experts against each other. Although crypto has not yet reached the status of being a globally accepted medium of exchange, it is fair to say that it is on the way to becoming so.
