Are Sharia-Compliant Asset-Backed Tokens the Future of Cryptocurrency?

[kreslik.news]

This guest article was written by Ibrahim Mohammed, founder of OneGram.

As Bitcoin speeds towards the 3,000 USD mark and new digital currencies emerge each day, questions around sustainability in the market beckon. What’s driving this phenomena? Some critics claim that this bubble won’t last, and will soon be replaced with more sustainable options.

Yet, the cryptocurrency industry now has a market capitalization in excess of $100 billion, jumping threefold since 2016 with no signs of slowing. Conventional analysts believe that the drive is due to shortened supply from individuals holding Bitcoin and creating a false market need, combined with the ... (read more)