#exchanges
Egypt's Grand Mufti Shawki Allam said in an official Fatwa on Monday that trading with Bitcoin is 'unlawful'. He further explained that using the virtual currency is not allowed as it is not legalized by the government. Earlier on Advisor to the Grand Mufti of the Republic Magdy Ashour said that Bitcoin exchanges are 'Haram' or forbidden. He further added that it is forbidden to conduct transactions or any financial exchanges as it carries too many risks, according to local media…
