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Malaysia cryptocurrency legal tender

Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says

Malaysia Will Not Adopt Bitcoin as Legal Tender, Government SaysMalaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender in Malaysia, Says Deputy Finance Minister Following reports that a high-ranking government official has proposed […]

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector

Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto SectorMalaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry Wants NFTs Legalized Malaysia’s Ministry of Communications and Multimedia has proposed legalizing non-fungible tokens (NFTs) […]

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M