When asked about the permissibility of cryptocurrency, Muftī Muḥammad Taqi Usmani responded that, although he is not satisfied with it due to its speculative purposes which seem impermissible in principle, he will have to defer his decision until a later date in the case that its use may expand into real trade. He mentions that its mass use is not likely due to the possibility of weakening economies at the hands of an elite few, so he does not encourage its usage.