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At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim countries. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, … Read more
Malaysia supports President of Iran’s idea of creating a Muslim cryptocurrency as a means to confront the economic dominance of the U.S. Go to Source Powered by WPeMatico
Malaysia plans to impose a $6,000 limit on cash transactions in 2020 Go to Source Powered by WPeMatico
The strict financial regulator in Malaysia is trying to help the local fintech industry scale up and attract new investors. As part of that trend the Malaysia Securities Commission is recognizing the right of cryptocurrency exchanges such as Luno to serve local customers. Also Read: Credit Suisse Is Latest Bank to Charge Clients for Cash … Read more
The National Bank of Cambodia, the country’s central bank, signed an MoU on cross-border payments and remittances with Malaysia’s largest bank Go to Source Powered by WPeMatico
A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction Go to Source Powered by WPeMatico
Major bank HSBC announces first successful enactment of a letter of credit on a blockchain in Malaysia Go to Source Powered by WPeMatico
Malaysia’s finance ministry says despite commanding significant attention, global and domestic adoption of crypto remains low Go to Source Powered by WPeMatico
The Malaysian Ministry of Education has introduced E-Skrol, a blockchain-based platform to fight forged educational certificates Go to Source Powered by WPeMatico
International money transfer service Xendpay joins RippleNet to expand currency options and speed Go to Source Powered by WPeMatico