Malaysia News and Articles

Malaysia’s Ministry of Communications and Multimedia, short for KKMM from Malay, offered to legalize the crypto sector. Datuk Zahidi Zainul Abidin, the deputy minister of KKMM, offered regulators to make crypto legal tender. According to him, this will help young people to actively use crypto,...

The world's largest cryptocurrency exchange Binance faced big problems last year. It was forced to curtail the service of traders in several countries at once under pressure from supervisory authorities. This year, Binance suspended operations in Israel as local authorities demanded that it comply...

In 2021, the volume of illegal mining in Malaysia increased sharply, the value of the confiscated equipment for mining cryptocurrencies amounted to $12.9 million, said Datuk Seri Abd Jalil Hassan, head of the Criminal Investigation Department (CID). Law enforcement officers opened 570 cases related...

Malaysia may join those countries that are planning to issue their national digital currency (CBDC). The Central Bank of this country has not yet made a final decision. Soon, he will focus on exploring the potential of the token and developing the CBDC concept. If the Central Bank concludes that it...

Recently, the police in Manjung County, southwestern Perak, Malaysia, in collaboration with the international electricity company (TNB) and the fire and rescue station, carried out a large-scale operation to combat electricity theft, during which 1,720 mining machines were seized from attackers...

The police of the city of Miri (Malaysia) destroyed a batch of ASIC miners confiscated during the raids. On July 16, journalist Colin Wu reported that a video had been circulated in the Chinese cryptocurrency community showing the roller rolling over the devices. According to him, some members of...

Malaysian law enforcers have arrested Chinese attackers accused of cryptocurrency fraud. It is reported by the South China Morning Post. According to police, the detainees pretended to be successful investors, and their victims were found mainly in China. To reinforce this legend, they created...

The Malaysian Securities Commission (SC) has developed rules for organizers of Initial Coin Offers (ICOs) and Initial Exchange Offers (IEOs). Startups are allowed to distribute tokens through venture capitalists and financial institutions without selling shares and without using debt instruments....