Bitcoin Climbs Past $8,100, Ripple’s Santander Partnership – April 13th Cryptocurrency News

This news report is brought to you by Doireann Mc Dermott. Please remember this is not investment advice. Price of Bitcoin as of 9.11 am EDT $8,100.

Last weekend Bitcoin dropped to around $6,600, but on Monday it climbed over $7,100, before falling below $7,000. Mufti Muhammad Abu Bakar, a Sharia adviser and compliance officer at Blossom Finance, published a study Thursday titled Is Bitcoin Halal, a Shariah analysis. It states that “bitcoin qualifies as Islamic money, except where it is banned by a local government.” It discusses cryptocurrencies compatibility with Sharia prohibition against fractional reserve banking.

Ripple and Santander have partnered up to launch the first blockchain-based international money transfer service.Santander One Pay FX is actually the first Ripple enabled mobile app for cross-border payments using xCurrent . It is now available to Santander’s retail customers in the U.K. So let’s check it out.

Sources: https://ripple.com/insights/santander-launches-first-mobile-app-for-global-payments-using-ripples-xcurrent/

https://blossomfinance.com/is-bitcoin-halal-shariah-analysis-of-bitcoin-cryptocurrency-and-blockchain

Bitcoin Climbs Past $8,100, Ripple’s Santander Partnership – April 13th Cryptocurrency News

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