Malaysia Financial News
09.06 / 05:17
UPS
Manufacturing
UBS
NVIDIA
Micron
China can't rely on Southeast Asian exports to offset a U.S. slowdown
BEIJING — China can't easily rely on its neighbors as export markets in a global slowdown, the latest trade data show.
31.05 / 18:59
regulation
Virtual assets
Hong Kong Virtual Assets Consortium launched with Huobi as first member
Huobi has become the first member of the Hong Kong Virtual Assets Consortium (HKVAC), the Seychelles-based cryptocurrency exchange announced on May 31. The new organization promises to provide a ratings service and indexes when it is fully launched.
27.05 / 17:55
business
Binance
regulation
Asia
Binance kicks off transition to new platform in Japan
After five years out of the Japanese market, crypto exchange Binance has begun the process of establishing a new and fully regulated subsidiary in the country. The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022.
24.05 / 07:39
Blockchain
Provident
Digital
CEO
Platform
Matrixport
Crypto Expo Asia Announces Latest Headline Speakers and Partners: Coinhako, EMURGO, Matrixport, and More
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
24.05 / 01:09
Provident
Citizens
USDT
Mobile
Huobi
Crypto Exchange
Malaysian Police Bust ‘USDT-powered Crypto Exchange’ – Suspects ‘Sold Crypto to China’
Malaysian police have swooped on what they suspect to be an illegal, international USDT-powered crypto exchange.
22.05 / 15:47
coinbase
Cryptocurrency exchanges
Bittrex
Malaysia Regulator Orders Crypto Exchange Huobi Global Limited To Stop Operations
Cryptocurrency exchange Huobi Global Limited has to stop operations in Malaysia after its regulator found it was operating without being registered.
22.05 / 15:05
Ethereum
Apple
Gaming
BitMEX
TON
genesis
Bitcoin
Today in Crypto: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop, DCG Missed a $630M Payment, BXB Capital Raising Capital Exclusively in BTC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
05.05 / 15:35
Mining
regulation
white house
Taxes
Electricity
Bitcoin
Will Biden's plan to tax crypto mining reduce emissions? Critics say no
Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global emissions and energy prices.
01.05 / 16:49
Provident
MET
FIVE
Binance
Platform
Bitcoin
Binance set to reenter Japanese crypto market
Binance, one of the most prominent cryptocurrency exchanges in the world, is planning to make a comeback to the Japanese cryptocurrency market after its recent acquisition of the licensed cryptocurrency trading platform Sakura trading Bitcoin (SEBC). Binance's purchase of SEBC was finalized in November 2022, and the company plans to rebrand the SEBC platform as the Japanese version of Binance in June 2023.
28.04 / 11:29
Blockchain
Binance
regulation
Binance to reenter Japan via acquired regulated exchange SEBC
Crypto exchange Binance is set to reenter Japan after acquiring the regulated crypto exchange platform Sakura Exchange Bitcoin (SEBC). Binance acquired the exchange — a Japan Financial Services Agency-licensed business — in November 2022, intending to reenter the Japanese crypto market.
27.04 / 20:47
Ethereum
Mining
Bitcoin
Consumption
Cambridge Study Reveals Ethereum's Lifetime Energy Use Before Merge on Par with Switzerland's Annual Consumption
A study conducted by Cambridge University’s Centre for Alternative Finance (CCAF) has found that the Ethereum network during its lifespan has used as much energy as Switzerland.
24.04 / 10:33
Blockchain
Mining
Bitcoin
Russia becomes second-largest Bitcoin mining hub after US, claims local miner
Russia has now reportedly become the second-largest country in the world in terms of Bitcoin (BTC) and cryptocurrency mining, with the United States maintaining its position as the leader. Nevertheless, the lack of clear regulations regarding cryptocurrencies in the United States may lead to a potential market distribution shift.
05.04 / 05:19
Adoption
IMF
Dollar
end
Malaysia enlists China to help end USD dependence for trade
China and Malaysia are considering moving forward on discussions regarding an Asian Monetary Fund as distancing from U.S. dollar hegemony becomes a greater priority in the region.
04.04 / 03:29
UPS
Platform
TSLA
Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
21.03 / 08:51
business
regulation
Altcoin
crimes
Court
Media
bail
Customer
Crypto.com customer accused of $10M spending spree granted bail
The Crypto.com customer who was accidentally sent $10.4 million from the exchange in 2021 and then allegedly went on a spending spree has been granted bail despite $3.1 million funds still unaccounted for.
21.03 / 00:49
CBDC
regulation
IMF
Middle east
IMF examines CBDC design in context of Islamic banking, finds some risks magnified
A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows, even when it is not designed to do so, according to a study published by the International Monetary Fund. The unintended impact of a CBDC may be felt particularly acute in the Islamic banking system.
10.03 / 11:25
Former Goldman Sachs banker sentenced to 10 years for IMDB scandal
A former Goldman Sachs banker was sentenced on 9 March to 10 years in prison for helping to loot billions of dollars from a Malaysian sovereign-wealth fund in a global financial scandal that tarnished the Wall Street bank.
09.03 / 16:57
sentencing
Ex-Goldman banker awaits sentencing for 1MDB scandal
A former Goldman Sachs banker is set to be sentenced on 9 March for helping to loot billions of dollars from a Malaysian sovereign-wealth fund in a global financial scandal that tarnished the Wall Street bank.
02.03 / 07:59
26.01 / 13:43
20.01 / 17:17
FIVE
coinbase
Mobile
Remark
Gemini
Samsung
LiveCoin
boost
Crypto users
Crypto Users in Brazil, India Set for Boost from Latest Samsung Wallet Rollout
Samsung has announced the rollout of its crypto wallet-linkable mobile payments solution – Samsung Wallet – in Brazil, India, Malaysia, and five other countries.
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