Regulator and central bank confirm Malaysia is pursuing crypto regulations
Malaysia is almost ready to formalize its domestic cryptocurrency and ICO industry, according to the countryâ€™s finance minister
Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: â€œdonâ€™t do itâ€�. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian countryâ€™s central bank. Also read:Â Law Firm: South Africa’s Draft Law Could […]
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Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the countryâ€™s central bank, Bank Negara Malaysia (BNM)