Authorities are in the process of developing cryptocurrency and ICO rules, which could become law in Q1 2019.
Malaysia News
Malaysia is a federal constitutional monarchy in Southeast Asia with a population of 32 million and an area of 330 kilometers. Malaysia has a recently industrialized market economy with a relatively fast GDP growth and a highly competitive market. Malaysia is considered to be attractive for foreign investments as it has a highly diversified and robust economy. The Malaysian economy is a producer of such export goods as electronic products, petroleum, chemicals, machinery and scientific equipment that are mostly sold to Singapore, China and Japan. The Malaysian government has issued no Bitcoin regulations. Malaysia allows Bitcoin mining and trading with no restrictions. However, the Central Bank of Malaysia issued a statement that Bitcoin is not considered to be legal tender and its users are poorly protected from fraudulent schemes and operational risks.
- News
- Analysis
Crypto fundraising might be a great tool to fight corrupt regimes, but what happens when freedom fighters seize power?
- News
Regulation of both cryptocurrency and ICOs should come into force in Malaysia by the second quarter of next year.
- News
Malaysia’s finance minister has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank.
- News
Malaysian lending giant CIMB Group Holdings Bhd. has signed on to use Ripple’s xCurrent technology for expediting cross-border payments.
- News
A Malaysian MP has urged the government to wait and develop appropriate regulation before approving the political Harapan Coin cryptocurrency project.
- News
by Helen Partz
The Ministry of Education of Malaysia is setting up a NEM blockchain-based university consortium to combat degree fraud.
- News
Malaysia’s Securities Commission has ordered a halt to all promotional activities for local beauty guru’s recently-launched Lavidacoin.
- News
A Malaysian government advisory committee has signed a MOU to work with a South Korean blockchain lab to develop a halal blockchain platform.
- News
A recent speech by the head of Hong Kong’s Securities and Future Commission stresses the need for ICO regulation.
- News
Two sham Bitcoin sellers have been charged with assault and the alleged theft of $365,000 cash from a Malaysian man in Singapore.
- News
Blockchain use cases are currently the subject of an interbank project to implement it in trade finance in Malaysia, says the country’s central bank.
- News
AirAsia is considering an ICO to “marry” is loyalty scheme and local currency, its CEO has revealed.
- News
Malaysia’s central bank calls out crypto platform Coinzer for unauthorized logo use, Coinzer extols possibility for crypto to better the economy.
- News
Malaysia has enacted anticipated legislation compelling cryptocurrency exchanges to identify traders.
Editor’s Choice
- ‘We’re at Home in Crypto Winter’: Winklevoss Twins Launch Crypto Trading App
- Harvard Economist: Bitcoin’s Future Value More Likely to Be $100 Than $100K
- Samsung Dismisses Galaxy S10 Crypto Wallet Reports as ‘Rumor and Speculation’
- Bitcoin Dips Below $3,400 as Market Volatility Continues
- Bitcoin, Ripple, Ethereum, Stellar, Bitcoin Cash, Bitcoin SV, EOS, Litecoin, TRON, Cardano: Price Analysis, Dec. 10