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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.

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Malaysian cryptocurrency regulation comes into effect on Tuesday, classifying crypto-assets as securities.

Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

Adrian Zmudzinski

2019-01-14T10:30:00+00:00

16312

The Malaysian government is reportedly still undecided whether or not to legalize cryptocurrencies.

Malaysian Government Reportedly Still Undecided on Whether to Legalize Crypto

Adrian Zmudzinski

2019-01-12T17:23:00+00:00

14489

Authorities are in the process of developing cryptocurrency and ICO rules, which could become law in Q1 2019.

Malaysia: Finance Regulator, Central Bank Say Cryptocurrency Regulation ‘Being Put in Place’

2018-12-07T12:19:00+00:00

7380

Crypto fundraising might be a great tool to fight corrupt regimes, but what happens when freedom fighters seize power?

‘Hope Coin’: The Story of Malaysia’s Crypto Political Fundraising Platform

2018-12-06T13:55:00+00:00

4749

Regulation of both cryptocurrency and ICOs should come into force in Malaysia by the second quarter of next year.

Malaysia Plans to Enact Crypto Regulation in Q1 2019, Finance Minister Reports

2018-11-28T09:50:00+00:00

6028

Malaysia’s finance minister has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank.

Malaysia's Finance Minister Says Crypto Issuance Must Defer to Central Bank

2018-11-26T10:30:00+00:00

4537

Malaysian lending giant CIMB Group Holdings Bhd. has signed on to use Ripple’s xCurrent technology for expediting cross-border payments.

Malaysian Lending Giant CIMB Joins Ripple’s Cross-Border Payment Network

2018-11-15T15:14:00+00:00

9516

A Malaysian MP has urged the government to wait and develop appropriate regulation before approving the political Harapan Coin cryptocurrency project.

Malaysian MP Urges Gov’t to Create Regulations Before Approving Political Funding Coin

2018-11-15T01:13:00+00:00

7187