Since the Muslim community can now trade/hold/invest legally on Cryptocurrecy especially BTC. Do you think it can uplift the price of BTC and concurrency as a whole?
Dubai is very active on Cryptocurrency. It's hosting many of cryptocurrency forum.
We all know that there are a lots of Arabs that are really rich.
There will definitely be positive impact on bitcoin either by creating more awareness to the muslims or bitcoin is able to benefit from the high volumes by the rich Arabs. The demand for bitcoin will increase by demand and subsequently the price as well.