Scholars differ Money & business
Contemporary scholars differ. Some permit holding and trading it as a digital asset or medium of exchange when it has real use and is traded without interest or deception. Others forbid it because of heavy speculation, uncertainty (gharar), the risk of losing everything and its use in crime. The Quran commands trade by mutual consent without taking wealth unjustly (4:29). Ask a scholar about the specific coin and how you will use it.
يَٰٓأَيُّهَا ٱلَّذِينَ ءَامَنُوا۟ لَا تَأْكُلُوٓا۟ أَمْوَٰلَكُم بَيْنَكُم بِٱلْبَٰطِلِ إِلَّآ أَن تَكُونَ تِجَٰرَةً عَن تَرَاضٍۢ مِّنكُمْ ۚ وَلَا تَقْتُلُوٓا۟ أَنفُسَكُمْ ۚ إِنَّ ٱللَّهَ كَانَ بِكُمْ رَحِيمًۭا ﴿٢٩﴾
信道的人们啊！你们不要借诈术而侵蚀别人的财产，惟借双方同意的交易而获得的除外。你们不要自杀，真主确是怜恤你们的。
This is general information, not a fatwa. For your own situation, ask a qualified scholar.
Contemporary scholars differ. Some permit holding and trading it as a digital asset or medium of exchange when it has real use and is traded without interest or deception. Others forbid it because of heavy speculation, uncertainty (gharar), the risk of losing everything and its use in crime. The Quran commands trade by mutual consent without taking wealth unjustly (4:29). Ask a scholar about the specific coin and how you will use it.
