Indonesia
Blockchain Media
MUI Socializes Digital Gold Fatwa — What's the Fate of Indonesia's Gold Tokenization?
- The Indonesian Ulema Council (Majelis Ulama Indonesia, MUI) is conducting outreach to socialize its fatwa on digital gold.
- The fatwa raises uncertainty over the future of gold tokenization projects in Indonesia.
- Gold-backed crypto assets and digital gold platforms may need to adjust to meet Sharia compliance standards set by the ruling.