Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said.
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission.
Investments in cryptocurrencies increasing steadily in Malaysia
MALAYSIANS generally have an optimistic outlook on their investments in cryptocurrencies and are aware of risks when investing in cryptocurrencies, as many believe the asset class has several attractive features that make them an excellent alternative investment.
62% of Malaysians Open to Investing in Cryptocurrencies
Luno, a regulated digital asset exchange in Malaysia, announced the completion of an online nationwide survey aimed at understanding the financial management habits of everyday individuals.
Australia, Malaysia, Singapura & Afrika Selatan Bakal Menguji CBDC Untuk Transaksi Antarabangsa
Empat bank pusat: Reserve Bank of Australia, Monetary Authority of Singapore, Bank Negara Malaysia, dan South African Reserve Bank bakal menjalankan pengujian pembayaran rentas sempadan (cross border payment) menggunakan beberapa matawang digital bank pusat (CBDC).
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies.
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