“Golden M Group” revealed the launch of a cryptocurrency backed by gold and compliant with Islamic law in the Middle East, bearing the name “COIN M”.

The new digital currency is expected to enter the UAE market at the end of 2019.

The “COIN M” coin will have its value based on real gold and allow users to invest in it with the possibility of achieving financial returns.

The investment door is open to users, with the minimum investment price starting at $100 or more

Thus, all investors of all income levels can invest in this new currency.

Since the currency is based on gold, it will not be as volatile as other cryptocurrencies as its value fluctuates with the fluctuation of gold prices.

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stated Mr. Mustafa Mutiwala, founder and CEO of Golden M Group, said:

The launch of the M coin will have global resonance and impact because the coin scheme is unique

Everyone can invest in it safely, as it is based on gold and compliant with Islamic law, unlike other cryptocurrencies.

When you invest in COIN M, you will be in a position to get your money back because it is based on real, tangible value.

Recently, the “COIN M” logo was recently revealed at a press conference held on a yacht in the United Arab Emirates.

The conference was attended by family, friends and invitees close to the founder of the project, as well as some eminent personalities related to the world of finance.

According to some statistics, the United Arab Emirates is the capital of the initial coin offering, with initial sales of more than 210 million dollars until last April.

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