Swiss Firm Obtains Sharia Compliance Certificate for Ethereum-based Stablecoin

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X8 AG, a Swiss fintech company has received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. As reported by Reuters, the firm was certified by the Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by Bahrain’s central bank. According to a company’s representative, having obtained the certification for its digital […]

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