Kumar Kushal, the former Chief Technology Officer at Reliance Group, has joined the Malaysian Blockchain fintech firm Belfrics Group. Kushal has reportedly joined the Blockchain company as the Chief Technology…
Unauthorised ICOs in Malaysia Face a Hefty Fine
As per the latest news reports from Malaysia, it has been revealed that the government is bringing digital assets and coins under the jurisdiction of the national capital markets regulatory…
Malaysia’s Government Still Hasn’t Figured Out How To Implement Crypto Regulations
The situation regarding the legality of cryptocurrency in Malaysia is ‘hanging in the balance’ as the government still hasn’t come to a consensus regarding the legality of cryptocurrency and crypto-businesses….
Blockchain Remittance Service Launched By Pakistan And Malaysia
As per reports by the Pakistan English daily Dawn, as announced by the Telenor Group, the first blockchain remittance service between Malaysia and Pakistan has been launched. This has been…
First Ever Blockchain Bank To Be Established in Malaysia
As per reports, Singapore based cryptocurrency exchange, CGCX.io in collaboration with two other organizations, Archipelago Group, and IBH Capital, is set to launch the first ever physical blockchain bank in Labuan,…
Malaysian Authorities Declare Regulatory Intentions for Crypto
As the world is increasingly embracing Blockchain technologies, Malaysia recently took a significant step towards the inclusion of Crypto and digital assets into the economy. A joint statement, released by…
All Cryptocurrencies Issued In Malaysia To Be Approved By Nation’s Central Bank
As per reports by the News Straits Times, Malaysia’s Finance Minister, Lim Guan Eng has recently said that those who were planning to issue cryptocurrencies in the country will have…
Islamic Banking Sector Working to Integrate Blockchain in their Ecosystem
As the cryptocurrency industry gains momentum, more and more Islamic banks have joined the train. Major Islamic banks like ICICI and Emirates NBD began exploring possibilities in the sector to…
Malaysia-based Crypto Company Resumes Trading Operations in India
Unperturbed by the latest circular from RBI banning banks, NBFC’s and payment companies from dealing with entities involved in cryptocurrency trade and the matter being under the purview of the…
Malaysian Government to Partner With Korean Lab for Developing Sharia-Compliant Blockchain
IncuBlock, a South Korean Blockchain lab has signed a Memorandum of Understanding (MOU) with a Malaysian Government Advisory Committee for Blockchain tech development, permissible under Sharia law. It was reported…