Malaysian Financial Watchdogs Issue Statement On Crypto Regulations

The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM), the country’s central bank, have issued a joint statement to provide clarity on the regulation of cryptocurrencies in the country. The SC and the central bank said that regulations are currently being put in place to bring digital assets within […]

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Malaysia Finance Minister: Central Bank to Decide Fate of Cryptocurrency Issuance

Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. Also read: Law Firm: […]

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Malaysia Finance Minister Urges Crypto Developers to Push Pause Pending Central Bank Approval

The Finance Minister of Malaysia has told potential crypto platform developers to temporarily shelve their plans as the country awaits feedback from its central bank. While CIMB bank in Malaysia is hoping to enjoy the technological fruit of Ripple’s labor, the country’s Finance Minister, Lim Guan Eng, has warned against […]

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Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain

The Ministry of Education (MoE) of Malaysia is establishing a University Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8. According to the ministry’s tweet, the system is designed to issue and verify the authenticity of university-issued degrees. The new government-backed consortium will initially […]

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Courtesy of HSBC, Soybeans Take First Trade Journey on a Blockchain Platform

The Singapore division of UK-based HSBC says it has performed the first live trade finance transaction using blockchain-inspired technology. R3’s Corda platform was used in a transaction that saw soybeans traded from South America to Asia. The deal highlights the expanding use cases of blockchain-related technology in the financial sector. […]

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DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

Decentralized Alternative Cabs Serving & Empowering Everyone (DACSEE), a ride-hailing platform built on blockchain technology targeting the Asian market, has launched its mobile application, debuting in Malaysia, the startup announced on Wednesday. DACSEE is now available for Android users in Malaysia. The iOS app will be available on April 27. […]

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Will Malaysia ban digital currencies by the end of the year?

During the last few years, governments from around the world have become concerned about regulating digital currencies. While some countries choose to be open-minded toward Bitcoin and other cryptocurrencies, there are also countries who are simply against them or remain undecided on their position. In the case of Malaysia, which […]

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PR: Dating App Viola.AI Announces Partnerships with 7 New Lifestyle Merchants in Asia

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.  The World’s First Blockchain and […]

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Malaysia Central Bank to ”Let Public Decide” Crypto’s Fate

Malaysia’s central bank, Bank Negara, is set to release a “concept paper,” calling for the public to decide the fate of cryptocurrencies in the country, according to a recent report. Bank Negara governor Muhammad Ibrahim is said to have assured the bank will neither ban nor recognize cryptocurrency, and that […]

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