I was reading about Islamic finance and why Bitcoin is halal (maybe our muslim friends can help, I think nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt has written about this too) - so while crypto such as altcoins and shitcoins is considered gambling, Bitcoin is considered permissible as it’s used as savings and valued as money to buy and sell (But if there is pump and dump NFTs then the description might change). Perhaps whomever who has connections with treasury can also explore other financial definitions with them ?
Discussion
Interest and gambling is not halal. If you take out loans against btc, or do too much leveraged trades looking exactly like gambling those activities questionable imo. Gold is halal and bitcoin is like gold. Of course scamming is not halal. Knowing that an altcoin is a scam but trying to front run others I think is also questionable.
This is a healthy perspective.