Tag: Malaysian

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China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

April 5, 2023

An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia Prepares to Trade With China in…
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Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

March 30, 2022

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of…
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