'Cryptocurrency Not 'Wealth': Pakistan's Influential Cleric Mufti Taqi Usmani Issues Fatwa

Pakistan's influential cleric Mufti Taqi Usmani issued a fatwa declaring cryptocurrency not 'wealth' according to Islamic jurisprudence.

The fatwa draws on references from established works of Islamic jurisprudence to support its conclusions.

The ruling may impact the use and acceptance of cryptocurrencies in Pakistan and among Muslim communities.