Saudi Arabia and UAE announced a cryptocurrency project last month. This is part of a seven-point cooperation plan. This project is experimental for now aimed at banks. What does this mean economically, politically, and religiously?
During the 2017 Bull Run, there was much debate about if crypto was Halal or Sharia-Compliant. Does this mean that crypto is halal?
What does this mean for oil? Saudi Arabia and UAE are two of the largest oil producers in the world. Currently, the oil is denominated in USD. Could this mean that oil could be denominated in crypto in the future?
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