BITPRISMIA
The Malaysian Central Bank (BNM) has published a working paper exploring Bitcoin and XRP as potential future monetary alternatives, signaling a growing recognition of digital currencies' role in the global financial system.
A working paper from the Central Bank of Malaysia identifies XRP and Bitcoin (BTC) as potential replacements for bank deposits in the future, though it downplays their prospects due to lack of stability and centralized intermediaries.
Bitget faces regulatory scrutiny in Australia for offering unlicensed 125x leveraged crypto futures, exceeding the country's 2:1 limit, while continuing to expand globally despite regulatory challenges.
Malaysia has implemented new export controls requiring advance notification for shipments of U.S.-origin AI chips, aiming to prevent illicit transfers and align with U.S. efforts to restrict China's access to advanced AI technology.
Malaysia's Securities Commission proposes an overhaul of crypto exchange regulations to enhance market competitiveness and investor protection, following significant growth in the crypto trading market.
The Securities Commission Malaysia (SC Malaysia) has proposed a new criteria-based framework for digital asset listings, easing prior approval requirements to foster innovation and broader cryptocurrency adoption while maintaining regulatory safeguards.
Malaysia's digital asset trading hit a record $2.9 billion in 2024, prompting regulatory proposals to streamline token listings while enhancing oversight and governance.
Malaysia's Securities Commission is introducing key changes to digital asset regulations, including allowing certain digital assets to be listed on DAX platforms without prior approval, alongside stricter governance measures.