Quan2um bans high-risk crypto instruments, launches Shariah-compliant risk framework
Main Idea
Quan2um, a Slovakia-registered cryptocurrency exchange, has implemented the ManaFair Framework 1.0 to exclude high-risk crypto instruments and ensure Shariah-compliant trading, aiming to protect users from volatile market losses.
Key Points
1. Quan2um's ManaFair Framework 1.0 screens assets based on volatility, governance, and tangible utility to exclude high-risk instruments.
2. The decision follows Bitcoin-related liquidations exceeding $20 billion in the first half of 2025, primarily on major exchanges like Binance, Bybit, and OKX.
3. Quan2um focuses on Shariah-compliant services, offering spot trading, EcoMining pools, and channels for Islamic philanthropy (zakāt and ṣadaqah).
4. The framework details will first be shared with majority shareholders and native token holders before broader implementation.
5. Founded in 2019, Quan2um has over 80,000 active users and blends blockchain innovation with Islamic-finance principles.
Description
The Board of Directors of Quan2um , a Slovakia-registered centralised cryptocurrency exchange, today unanimously approved the ManaFair framework 1.0 – a comprehensive governance protocol that proactively excludes any digital assets or trading practices deemed to involve gharar (excessive uncertainty) or maysir (speculation/gambling). Effective immediately, Quan2um will neither list high-risk assets nor facilitate leveraged margin trading, futures, options, and other high-risk instruments – and w...
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