Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The Bank for International Settlements (BIS)’s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for the bank…. Read More: Work on a Multi-CBDC Platform Has Revealed ‘More Questions…
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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. Malaysian Ministry Wants NFTs Legalized Malaysia’s Ministry of Communications and Multimedia has proposed legalizing non-fungible tokens (NFTs)…
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In a bid to enhance the financial inclusion of young people, the Malaysian Ministry of Communications and Multimedia has proposed to the country’s authorities to designate cryptoassets as Malaysia’s legal tender. Datuk Zahidi Zainul Abidin, Malaysia’s Deputy Communications and Multimedia Minister, said the ministry was looking into ways to encourage the country’s youth to…
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Malaysia’s finance minister previously warned that crypto payments were illegal as they did not meet the universal characteristics of money. The Malaysian Ministry of Communications and Multimedia (KKMM) is reportedly backing the adoption of cryptocurrencies, with the deputy minister calling the government to legalize crypto. Deputy communications and multimedia minister Datuk Zahidi Zainul Abidin has…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: FTX Europe, Binance’s Crypto Payments, Dogecoin’s Trademark + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as legal tender in Malaysia, the finance ministry official said that they are an asset class that can be invested in. Deputy Finance Minister…
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Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval. Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global. Binance and…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Polygon’s USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity.” Malaysian Authorities Shut Down Bitcoin Mining…
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