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BITCOIN IS UN-ISLAMIC, SAYS TURKEY, AS PRICE SOARS ABOVE $10,000

Turkish authorities have declared that Bitcoin is not accordant with Islam and has warned its citizens against buying the world's most popular cryptocurrency.

Turkey's Directorate of Religious Affairs, known as Diyanet, said that the cryptocurrency is widely used for nefarious and illegal activities, and is not sufficiently regulated, making it far more volatile than other currencies.

http://www.newsweek.com/turkey-says-bitcoin-soaring-above-10000-not-accordant-islam-725350

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