Tether's XAUT obtains Islamic law compliance certification

--

Tether announced that XAUT has obtained Islamic law compliance certification from Amanah Advisors, which confirms that XAUT complies with Islamic financial principles and does not include interest, leverage, or speculative derivatives. Each XAUT token represents direct ownership of physical gold in Swiss vaults, and TG Commodities, S.A. de C.V. meets the requirements of Islamic finance for asset reserve transparency and physical holdings. XAUT aims to provide compliant digital gold investment channels for global Muslim users, Islamic banks, and institutional investors, and promote its financial applications in Gulf Cooperation Council countries, South Asia, and Africa.

24/7 Flashes

More >
Today 2026-07-27
14:05

Lido plans to migrate $16.5 billion of pledged ETH to a new validator architecture

14:04

HashKey Holdings merges HashKey Exchange with HashKey Global

14:02

China's independently developed DUV lithography machine has started mass production, and manufacturers such as Changxin Storage may be the first customers

13:56

US software concept stocks initially rose, with Oracle rising about 5%

13:50

The number of accounts involved in the insider trading cases of Futu Securities and Interactive Brokers has increased to 310, with 8 individuals profiting over $80 million