Turkey called Bitcoin ‘not suitable’ for muslims

Bitcoin and Ethereum are not allowed to welcome in Turkey
30 November 2017   1231

Turkish government decided that cryptocurrencies Including Bitcoin and Ethereum are not possible for muslims because the government can not to control them. This subject was called on a meeting of the state Directorate of Religious Affairs (Diyanet) on November, 24.

Buying and selling virtual currencies is not compatible with religion at this time because of the fact that their valuation is open to speculation. They can be easily used in illegal activities like money laundering, and they are not under the state’s audit and surveillance.


From the statement of Diyanet

Previously Turkey was a target of Bitcoin startups after the country banned PayPal. Also BTCTurk failed to find a banking partner after local institutions terminated its accounts without warning.

Morocco banned cryptocurrency too. But not all muslim countries consider with this statement. For example, United Arab Emirates are using cryptocurrencies transactions with India, Iran welcomes bitcoin. Others, including Nigeria, have not ban cryptocurrencies but are wary to them.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   46

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 

Craig Wright


Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.