Malaysia

In early 2019, Malaysia made the first step to regulate bitcoin and cryptocurrency. Cryptocurrency service providers and exchanges are required to obtain permission to operate from the Securities Commission, which will work with the central bank to ensure full compliance.

Malaysia permits Bitcoin mining and trading. The Central Bank of Malaysia has, however, made a statement that it considers that Bitcoin is not a legal offer and its users are poorly protected against operational and fraudulent plans.

Read more on cryptocurrency news and bitcoin news circling in Malaysia.

Bitcoin and Crypto News

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ICOs Now Illegal in Malaysia

Initial Coin Offerings (ICOs) are now banned in Malaysia. The country’s Security Commission (SC) has…

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Malaysia is In Desperate Need for More Talents to Develop Blockchain Technology

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What You Need To Know Before Using Your Bitcoin To Purchase In Malaysia

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Luno Cryptocurrency Wallet Proud to Relaunch in Malaysia

Inaugural launch event hosted with Luno’s CEO Marcus Swanepoel Kuala Lumpur, 26th November 2019: Luno…