The Deputy Minister for Communications told parliament that the ministry has proposed making digital currencies legal tender and hopes the gov’t agrees.
The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in a central bank digital currency.
U.S. authorities are likely updating their imminent indictments against top execs at the troubled Binance cryptocurrency exchange after a report exposed local traders accessing forbidden crypto fruit.
The two allegedly lured three women to invest in their BTC scheme for guaranteed returns over a seven-month period, according to reports.
The China Construction Bank had postponed the trading of the bond at first before eventually withdrawing it.
The Securities Commission of Malaysia said the move was designed to support “responsible innovation in the digital asset space.”
Power theft in Malaysia by alleged block reward miners continues to be a big challenge for the country’s authorities.
The three-day event will bring together stakeholders, regulators and innovators to chart the future of financial technology in the Islamic world.
Authorities said the monthly electricity bill for the locations came to just above $200 despite the block reward mining operations.
The Securities Commission of Malaysia said industry feedback would “complement the existing frameworks for Digital Asset Exchange and Initial Exchange Offering.”
The Malaysia Securities Commission has stated that Binance is “operating a recognized market without authorization from the SC”.