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.
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.
China Construction Bank’s blockchain bond efforts take a new direction
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.
Huobi launches regulated crypto exchange in Malaysia
The $3 billion blockchain bond has been effectively cancelled.
Chinese banking giant withdraws $3B blockchain bond from listing
China Construction Bank has used blockchain technology to issue the first tranche of a planned $3 billion worth of debt.
One of the world’s top banks issues bonds that can be bought with Bitcoin
An Aussie company operating an aquaculture farm in Malaysia is conducting the first initial public offering to accept crypto assets in Australia.
Australia’s first crypto-friendly IPO will accept Tether
Regulation for initial exchange offerings and digital asset custodians comes into force today.
Malaysian Securities Commission issues revised digital asset guidelines
A Shariah Advisory Council chairman in Malaysia has praised the “great potential” of cryptocurrency
Malaysian SC Shariah Advisory Council praises crypto’s ‘great potential’