August 26, 2026

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Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors

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Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors
Bitcoinist.com
Swiss ai-powered stablecoin becomes halal to attract muslim investors

Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors
Islamic finance

Sharia-compliance finance is becoming a field of choice for several fintech companies as regulators and market participants in the Middle East seem keen on attracting new business. Now, Swiss-based cryptocurrency firm X8 has become the latest to acquire an Islamic finance certification.

Islamic Finance Certified for Mid-East Expansion

X8 AG, a cryptocurrency and fintech startup based in Switzerland, has managed to obtain a certification for its digital currency from the Shariyah Review Bureau (SRB) – an Islamic advisory firm which is fully licensed by the central bank of Bahrain, Reuters reports. The move is supposedly part of its plans to expand towards the Middle East.

SRB has also recently issued a certification to Stellar and its cryptocurrency Lumens (XLM) 00.

Swiss ai-powered stablecoin becomes halal to attract muslim investors

Speaking on the matter was Francesca Greco, X8’s director and co-founder, who noted:

The Gulf region is a really good place for financial technology companies, because they all want to become hubs for fintech.

According to Greco, the region has managed to create a somewhat welcoming environment for fintech companies, while also being wary of cryptocurrencies. Purportedly, though, this gives an opportunity for stablecoins to thrive.

It’s worth noting that X8 has issued a cryptocurrency called X8X token 00 based on the Ethereum network, which is supposedly backed by eight fiat currencies and gold.

Pumpcoin’s Broad Buzzword Dictionary

X8’s cryptocurrency, however, turns out to be a tad bit more complicated than you might expect. Apparently, the company issues both X8X utility tokens (X8X) and X8 Currency (X8C). Of both, only the former is listed on CoinMarketCap. The second one is the stablecoin in question.

According to the company’s website, their “currency” (X8C) is managed by financial Artificial Intelligence (AI) and features things such as Automatic Reserve Management (ARM).

As if that’s not enough, the website also labels it as the “most stable Crypto Currency.” To top it all up, the currency is now Shariyah-compliant as well.

Unfortunately, this stablecoin can only be traded if the user holds the corresponding amount of the company’s utility token (X8X). Interestingly enough, according to the project’s official website, the utility token, the sole function of which is to enable X8C trading, is already available for buying while the stablecoin is “coming soon.”

What do you think of fiat-backed stablecoins? Don’t hesitate to let us know in the comments below!

Images courtesy of Shutterstock; CoinMarketCap.

The post Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors appeared first on Bitcoinist.com.

The post Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors appeared first on Ohio Bitcoin.

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Selecting the Best Accessories for Your Cell Phone

Communication is essential in today’s busy world. Everywhere you turn, people are talking, texting blogging and surfing the Internet on their cell phones. With increased use, functionality and popularity, cell phone accessories were created to make toting around your portable device and staying connected 24/7 easier than ever before.

The Types of Cell Phone Accessories

When people hear the phrase, cell phone accessories, they often think of cases, covers and aesthetic additions to the cell phone. Cell phone accessories are not limited to aesthetics. There are many choices in the accessory market that prove more functional than beautiful.

For the MP3 compatible phone, there are accessories to listen to the music through your car speakers, portable speakers and charging devices that are essential due to the battery spent while listening to music. This is just one example of cell phone accessories that are more functional, common categories include batteries, Bluetooth, cases, clips, car chargers, home chargers, USB cables, car kits, mounts, wireless kits, downloads, applications and more.

How to Choose the Best Accessories

The first step in choosing the best cell phone accessories is understanding the model number of your phone. There are phone names and then there are model numbers. The Motorola Razr, for instance, is a phone name. Under that name there are many different models. The V3i offers integrated iTunes and will require an additional battery or portable charger on a regular basis. Other Razr models will not fit the same accessories as the V3i, or other Razr model numbers.

Once you know the name and model number of your cell phone, many manufacturers and online retailers will list the available accessories. Just because an accessory is available for one cell phone does not mean it will be available for every cell phone. This means researching the accessories available for a cell phone before choosing the phone may be a money saving option in the long run.

Another huge factor in choosing the accessories for your cell phone is your daily life. If you use your cell phone in the car, a car mount will increase safety. If you use your phone only occasionally, a Bluetooth earpiece may not be something you will benefit from. The idea is to ask yourself these questions:

  • What do I do with my cell phone every day?
  • Do my activities require additional battery life?
  • Am I using my cell phone to its full capacity?
  • Is the accessory cost going to be recouped in ease of use?
  • Will I use the accessory every day?

Cell phones are available all over the world; keeping people connected to each other 24 hours a day, seven days a week. This constant connection and the huge increases in network speeds and connectivity between the Internet and the cell phone point toward the accessory market. The more your phone can do the more accessories available to make that cell phone and your use of the cell phone, all the easier and more productive.

The post Selecting the Best Accessories for Your Cell Phone appeared first on Mokey International.

Innovation For Traveling On Blockchain

A new startup is seeking to apply Blockchain technology to the travel industry and disrupts the general monopoly of for-profit companies in the US.