Token

IOTA

<ul>
 <li>IOTA Token’s Shari’a certification from the Cambridge Institute boosts trust and growth, especially in the Middle East.</li>
 <li>Compliance with Islamic principles positions IOTA strongly in the global regulatory landscape.</li>
</ul>
As described in a recent IOTA blog, the <a href="https://www.crypto-news-flash.com/63-5-of-iota-token-supply-staked-over-1-billion-assembly-tokens-rewarded-ecosystem-rising-super-fast/" rel="noopener noreferrer nofollow">IOTA Token</a> has received Shari’a certification from the Cambridge Institute of Islamic Finance, affirming its adherence to Islamic principles and legal requirements.
<a href="https://blog.iota.org/sharia-compliance-iota/" rel="noopener noreferrer nofollow">This certification</a>, effective from July 15, 2024, includes a Shari’a Governance Framework and annual compliance checks, aimed at fostering trust and growth in the Middle East and beyond.
According to an update shared by IOTA on their X account, the certification of the IOTA Token as Shari’a-compliant marks a significant achievement.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f54c.png" alt="🕌" class="wp-smiley" style="height: 1em; max-height: 1em;"> Exciting news! The <a href="https://twitter.com/hashtag/IOTA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#IOTA</a> Token is now Shari’a-compliant, certified by <a href="https://twitter.com/cambridgeifa?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@cambridgeifa</a>. This ensures adherence to Islamic principles and legal requirements, fostering trust and growth in IOTA in the Middle East and globally <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f30d.png" alt="🌍" class="wp-smiley" style="height: 1em; max-height: 1em;">. <a href="https://t.co/VI5tvdKkE9" rel="noopener noreferrer nofollow">https://t.co/VI5tvdKkE9</a> 1/4 <a href="https://t.co/VYfYgQjf8H" rel="noopener noreferrer nofollow">pic.twitter.com/VYfYgQjf8H</a>
 — IOTA (@iota) <a href="https://twitter.com/iota/status/1820776845010141404?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 6, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
This compliance ensures the token adheres to Islamic principles and legal standards, which is crucial for fostering <a href="https://www.crypto-news-flash.com/iota-grants-recipients-revealed-uncx-token-gamma-strategies-and-iotaheroes-in-the-spotlight/" rel="noopener noreferrer nofollow">trust and growth</a>, especially in the Middle East. The update emphasizes the importance of such compliance in today’s regulatory landscape for globally present tokens like IOTA.
Mirroring the IOTA Token price soaring by 50% following historic ADGM registration in Abu Dhabi, as we <a href="https://www.crypto-news-flash.com/iota-token-price-soars-by-50-following-historic-adgm-registration-in-abu-dhabi/" rel="noopener noreferrer nofollow">discussed</a> earlier, following this development, IOTA is trading at the price of $0.128, surged by 2.29% in the past day with an 18.53% decrease in the past week. See IOTA Price chart below.

<div class="cryptoboxes" id="mcw-435424" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="iota" data-symbol="IOTA" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

IOTA Token Achieves Shari’a Compliance, Certified by Cambridge Institute

Crypto News Flash

Other articles published on Aug 7, 2024

Australian Firm NYBlue Secures Over One Million Carats of Blue Zircon, Launches RWA Token

Bitcoin ETFs Struggle with $149M Outflows as Ethereum ETFs Gain $98M Inflows

Kamala Harris Selects Tim Walz, A Crypto Skeptic, For Vice President

BlackRock Spot Ethereum ETF Now Seeks SEC Approval for Options Trading

P2E Presale PlayDoge Clears $6M as Traders Return to Meme Coins

Bitcoin price could rise if this rare pattern works, says Peter Brandt

Join our free newsletter for daily crypto updates!