The conservative religious organization has declared that Bitcoin, the most famous cryptocurrency and right now, also the most expensive one, is not corresponding with the principles of Muhammad’s teachings. This organization, quite surprisingly, resides not in the Middle East, where in some countries, the TV shows are dedicated to what suits Islam and what does not, but in the relatively secular Turkey.

The Diyanet, which is how the Directorate of Religious Affairs in Turkey is also called, has stated that because Bitcoin is not controlled by any authority and has properties which easily allow its use as a...Read more BTC