The sixth-largest cryptocurrency by market capitalization, Stellar, is the first Distributed ledger technology (DLT) protocol to obtain Sharia compliance certification. The Shariyah Review Bureau (SRB) stated: “ Based on provided information, SRB conducted its review on the Network’s guides, concepts and related material and did not find any provisions that are non-congruent to the principles of Shari’a. ” This means that after critical examination, the SRB has decided that the…

Coinbase, the well-known digital currency exchange stated that is planning to add five new assets into their platform by saying: “We are exploring the addition of several new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible.” These assets are under investigation in order to assure that they comply with all the listing requirements that Coinbase demand. The ones that…