Malaysia News

Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services.

The Securities Commission of Malaysia says Huobi is operating without official registration from local regulators.

Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn't want to adopt crypto for payments.

Malaysia’s finance minister previously warned that crypto payments were illegal, as they did not meet the universal characteristics of money.

Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval.

The firm selected the Polygon blockchain for its low transaction fees and fast transaction time.

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank digital currencies.

Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier.

The crypto exchange has been served with a notice to stop offering its services in the country.

It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap.

The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness.

The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors.

Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets.

After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond.

The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period.