Malaysia

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Taiwan Looks to Regulate Bitcoin Under Anti-Money Laundering Laws

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楊金龍 Yang Chin-long, Governor of the Central Bank of the Republic of China (Taiwan), has suggested to the country’s lawmakers that bankers are watching cryptocurrency prices closely, and that it has recommended bitcoin should be regulated under existing anti-money laundering laws. Also read: Trezor to Implement Bitcoin Cash Addresses Taiwan Set to Regulate Bitcoin Under Anti-Money … Read more

PR: Dating App Viola.AI Announces Partnerships with 7 New Lifestyle Merchants in Asia

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The World’s First Blockchain and A.I-driven marketplace for dating, courtship and marriage, Viola.AI just announces 7 new exciting partnerships with FarEastFlora.com, Love Florist, Roses Only, MemeFlorist.com, Heatwave Shoes, Creative Eateries and CSK Aesthetics to offer goods and services ranging from flowers, gifts, fashion, F&B and beauty in the Asia region which will be available on … Read more

New Malaysian Cryptocurrency Regulation Come Into Effect

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Last week, Malaysia’s new Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) policy guidelines specifically addressing cryptocurrencies came into effect. The new regulations compel Malaysian virtual currency exchanges to mandate KYC adherence, including the collection of ID documentation. Also Read: Two Indian Token Marketplaces Suspend Trading Due to Regulatory Pressure New Malaysian AML/CFT Guidelines for Cryptocurrencies … Read more

Malaysia Central Bank to ”Let Public Decide” Crypto’s Fate

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Malaysia’s central bank, Bank Negara, is set to release a “concept paper,” calling for the public to decide the fate of cryptocurrencies in the country, according to a recent report. Bank Negara governor Muhammad Ibrahim is said to have assured the bank will neither ban nor recognize cryptocurrency, and that the paper will be finalized … Read more

Luno Exchange Bank Account Frozen by Malaysian Tax Officials

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Over the past few weeks, regulators and financial institutions have been reacting to the worldwide popularity of bitcoin and other cryptocurrencies. In another regulatory-related matter, this week in Kuala Lumpur, Malaysia, the trading platform Luno had its bank account frozen by the country’s tax officials. Also read: Federal Reserve Chair: “Fed Doesn’t Really Play Any … Read more