Malaysia

Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report

Malaysia is planning to impose a $6,000 limit on cash transactions in 2020, according to a deputy governor at the…

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Malaysian Thieves Drill Through Wall to Steal 85 Crypto Machines

Malaysian authorities have apprehended five men charged with stealing 85 bitcoin machines. The police captured the men in a police…

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Remittances Partnership to Use Cambodia Central Bank’s Blockchain System

Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border…

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Major Singapore Bank Completes First DLT Trade Financing Transaction

A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade…

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HSBC Enacts a Letter of Credit on a Blockchain in Malaysia

Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. The…

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Malaysian Finance Ministry: Cryptocurrency Adoption Remains Low

Malaysia’s finance ministry says both domestic and global adoption rates of cryptocurrencies are low, notwithstanding the significant attention the disruptive…

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Malaysian Ministry of Education Fights Fake Degrees With Blockchain Tec

The Malaysian Ministry of Education has introduced E-Skrol, an application built on the NEM blockchain to deal with the issue…

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Xendpay Joins RippleNet to Expand Global Money Transfer Services

Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar…

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Malaysia’s Electric Utility Says Bitcoin Miners Stole $25M in Power

Malaysian power utility firm Tenaga Nasional Bhd (TNB) is tightening measures in a bid to stem the millions lost to…

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‘Halal Coin’ a Matter of Time and Awareness

The issue of Shariah acceptability of crypto is a matter of time and raising awareness, according to Malaysia’s Islamic finance…

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