Malaysia

Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure

Users in some European countries will be unable to open new derivative positions, effective immediately.

Policy & regulation  ·  30 July 2021

Bitcoin Miners Worth Over $1.3M Seized, 8 Arrested in Malaysia: Report

The machines were seized in joint operations with Sarawak Energy, the region's electricity company, between February and April.

News  ·  16 July 2021
CoinFlash

First Insured Bitcoin Fund Opens for Southeast Asian Markets

The fund, based in Labuan, Malaysia, aims to open access to digital assets for Southeast Asian institutional investors.

Markets  ·  9 March 2021
Crime

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.

Policy & regulation  ·  18 February 2021
Bitcoin

Malaysia Pair Face Caning for Alleged $37K Bitcoin Fraud

If convicted, the two men face a maximum of 10 years in prison, caning and fines.

Policy & regulation  ·  2 February 2021
Payments

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Business  ·  15 January 2021
Exchanges

Huobi-Branded Crypto Exchange Launches for Malaysian Market

Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.

Markets  ·  27 November 2020
CoinFlash

China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond

The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.

News  ·  23 November 2020
CoinFlash

Malaysia’s Stock Exchange Eyes Blockchain for Bond Market Digitization

Known as Project Harbour, the initiative will use distributed ledger technology as a register for a bond marketplace.

Business  ·  30 July 2020
CoinFlash

Malaysian Watchdog Plans to Extend Crypto Regulations to Wallet Providers

The nation's Securities Commission is seeking feedback before finalizing new rules to be applied to digital asset wallet services.

News  ·  24 July 2020
Exchanges

Malaysia Crackdown Unlikely to Affect Binance, eToro

Malaysia’s financial watchdog has said Binance and eToro don’t comply with the country’s securities law; it’s unlikely to make much of a difference to their local operations, however.

News  ·  17 July 2020
Malaysia

Development Group: Southeast Asian Consumers Too Bullish on Crypto?

Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.

News  ·  12 December 2019
Bitcoin Mining

Malaysian Thieves Drill Through Wall to Steal 85 Crypto Machines

Authorities arrested five suspected in the theft of almost 100 bitcoin machines.

Markets  ·  7 November 2019
Exchanges

Malaysia to Regulate ICOs as Securities Offerings from Tuesday

Malaysia’s securities watchdog will have powers to regulate digital asset offerings and crypto exchanges from tomorrow.

Policy & regulation  ·  14 January 2019
NEM

Malaysian Government, Universities Team to Put Degrees on a Blockchain

Malaysia's education ministry has formed a new consortium of universities to issue and verify degrees on the NEM blockchain.

Policy & regulation  ·  9 November 2018