Halachic Ruling on Bitcoin and Cryptocurrency Investing | Problems affecting investments | Ask the Rabbi - SHEILOT.COM

Halachic Ruling on Bitcoin and Cryptocurrency Investing

Question

What is the halachic view on investing in cryptocurrency (for example, Bitcoin and Ethereum)? Since cryptocurrency is very speculative and can involve large gains and losses, is it considered a permitted form of investment in Jewish law, or is it viewed as gambling or forbidden excessive risk-taking?

Answer

Thank you for your question.

Investing in crypto such as Bitcoin and Ethereum is not considered gambling and is permitted according to Halacha.

Wishing you well.

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