{"_id":"668da0b50b76658b4c233e77","title":"{\"ops\":[{\"insert\":\"Is it permissible to trade crypto (2023)?\\n\"}]}","question":"{\"ops\":[{\"insert\":\"Are you aware of any resources that analyze cryptocurrencies to see if they're halal to purchase/use? I found some online but I'm not 100% sure if they're reliable or not.\\n\"}]}","answer":"{\"ops\":[{\"insert\":\"There are fatwas out there on crypto. My stance is that it is not permissible to trade in them because of their highly speculative nature, absence of substantial value and practical utility as a currency, environmental implications, their use for illegal activity, among other reasons. Ultimately, the current state of crypto appears to be a huge scam.\\n\"}]}","tags":[{"_id":"68a505f82cc850e0af1037be","tag":"Finance: Investments & Trading","count":16}],"createdOn":"2024-07-09T20:42:29.298Z"}