Key Takeaways Malaysia’s Central Bank, Bank Negara Malaysia (BNM) has launched a three-year initiative to study the tokenization of real-world assets (RWAs), establishing a Digital Asset Innovation Hub and an industry working group to coordinate research and pilot projects. The…
Key Takeaways Malaysia is taking steps toward developing a crypto regulatory framework. Prime Minister Datuk Seri Anwar Ibrahim recently engaged in discussions with officials from Abu Dhabi and Changpeng “CZ” Zhao, the founder of Binance, one of the world’s largest…
Key Takeaways The Securities Commission (SC) of Malaysia has ordered Bybit, to cease all operations in the country for failing to register as a digital asset exchange (DAX). As part of the order, Bybit must disable its website, mobile applications,…
Six Malaysian nationals, including four people and a married couple, were accused of kidnapping a Chinese national and holding him ransom in Tether's USDT stablecoin.
In order to lessen tax income leakage from crypto trading, the Malaysian government agency IRB carried out a special operation known as "Ops Token."
Key Takeaways: The Malaysian Ministry of Communications and Multimedia (KKMM) is reportedly supporting cryptocurrency adoption. ASEAN Countries like Thailand, Singapore, etc., are highly optimistic on Cryptocurrencies and Blockchain Technology. The Minister of Communications is supporting along with the deputy minister…
Key Takeaways: Malaysia is not yet ready to accept cryptocurrencies as its legal tender, as can be made from the statement of its Deputy Minister. The Malaysian Government doesn’t want to disturb the stability of the economy of the country…
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