The Kuala Lumpur-based stock exchange is reportedly interested in a blockchain-powered platform involving the securities borrowing and lending market.
Malaysia is seeking public feedback with regards to regulating initial coin offerings (ICOs) and property crowdfunding.
Malaysia may not be clear where it stands on cryptocurrencies, but the country’s securities watchdogs now have the power to regulate certain digital assets and crypto exchanges.
The Malaysian government is still uncertain whether to make cryptocurrencies a legal entity or not. The matter is still under consideration.
Telenor, a global telecommunication giant, announced through its Pakistani subsidiary the launch of a blockchain powered cross border remittance service to Malaysia.
The Malaysian government plans to enforce regulations for the cryptocurrency industry by the first quarter of next year.
The Malaysian government is seeking to utilize blockchain to increase transparency, sustainability and logistical efficiency of its three largest industries—renewable energy, palm oil, and Islamic finance.
The chief securities regulator in Malaysia has called an immediate halt to trade in the Lavidacoin (LVC), a cryptocurrency recently launched by one of the country’s foremost beauty gurus.
The partnership will result in the exchange of blockchain information and technical expertise in order to create a blockchain platform and distributed applications (Dapp) that would be permitted under the Islamic law.