Malaysian SC Shariah Advisory Council praises crypto’s ‘great potential’
A Shariah Advisory Council chairman in Malaysia has praised the “great potential” of cryptocurrency Go to Source Powered by WPeMatico
Malaysia
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Malaysian billionaire steps down to pursue ‘horse currency’ offering
“I am handing over the public-listed company’s business to the new directors and I will concentrate on cryptocurrencies,” said the 65-year-old. Go to Source Powered by WPeMatico
Singapore man pleads guilty to stealing $360K in fake Bitcoin sale
The cases of the robber’s two accomplices are still pending. Go to Source Powered by WPeMatico
Bangladesh to get its first blockchain remittance service
Standard Chartered Bank has launched the first remittance service in Bangladesh. Go to Source Powered by WPeMatico
Malaysian authorities arrest crypto miners for $600K power theft
The two crypto mining operations stole almost $20,000 in electricity monthly. Go to Source Powered by WPeMatico
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear power plants. Bitcoin mining is a process where groups of miners compete … Read more
Malaysian Crypto Miners Were Caught Stealing Electricity From the State
They thought they had it made, but the Malaysian authorities were one step ahead. Go to Source Powered by WPeMatico
Binance Isn’t Permitted to Operate in Malaysia, Local Regulator Says
Binance is said to be “operating a recognized market” without authorization from the Malaysian regulator. Go to Source Powered by WPeMatico
Shariah Law Opens to Crypto Trading, but Full Adoption Highly Unlikely
The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law. Go to Source Powered by WPeMatico
Malaysian Regulator’s Shariah Advisory Council Allows Digital Asset Trading
The Malaysian authority that oversees compliance with Islamic law in finance has permitted digital asset trading. Go to Source Powered by WPeMatico
