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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
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
While some people still feel hesitant to accept cryptocurrencies, we see an increasing trend in the real estate markets. Over the last few months the number of sales of houses and land properties conducted in bitcoin have risen considerably. Also Read: Fantasy Market Porn Coin CEO Ghosts, ICO Folds, Investors Lose A New Way of Transferring … Read more
The Malaysian financial regulator has issued an order to the team behind an Initial Coin Offering (ICO) to halt any operations in the country. This is just another example of how authorities in different regions are trying to limit access to ICOs from the investing public under their jurisdictions. Also Read: New Monero Mining Malware … Read more