Malaysia Financial News

07.06 / 04:49

Ethereum Accenture Research Bitcoin Half of Asia's affluent investors have crypto in their portfolio: Report

Affluent investors in Asia are neither shy nor ignorant about crypto, with research revealing that 52% of them held some form of a digital asset during Q1 2022.

30.05 / 17:53

Adoption Gaming play NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds

Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.

19.05 / 10:31

cryptocurrency CryptoExplainer Cross-border Costs South Africa Eyes Digital Rand To Cut High Cross-Border Payment Costs

South African central bank eyes digital rand to cut cross-border payment costs

17.05 / 04:43

COST Manufacturing Strategy Some factories might leave China, but in the grand scheme of things it doesn't matter much

BEIJING — China still holds the cards for global supply chains, whether or not Covid lockdowns frustrate businesses in the near term.

06.05 / 16:41

cryptocurrency DAO CRYPTONEWS YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

26.04 / 17:33

Blockchain Digital Infinity Poloniex boost play YGG SEA Secures USD 15 Million from Marquee Investors to Boost Play-to-Earn Gaming in Southeast Asia

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

20.04 / 11:09

Blockchain Asia Bitcoin Brain drain: India’s crypto tax forces budding crypto projects to move

India’s 30% crypto tax came into law on March 31 and was effective April 1, despite warnings from several stakeholders about its possible ill impact on the budding crypto industry.

20.04 / 09:13

business IPO Investments NASDAQ Crypto focused SPAC raises $115M in Nasdaq IPO

Aura FAT Projects Acquisition Corp. (AFARU), a special purpose acquisition company (SPAC), has closed its IPO on Nasdaq and raised $115 million, with a focus on crypto industry assets.

17.04 / 08:59

NFT Bought for $2.9 million, NFT of Jack Dorsey tweet finds few takers

Crypto entrepreneur Sina Estavi made headlines in March 2021 when he paid $2.9 million for an NFT of Twitter boss Jack Dorsey's first tweet. But his efforts to re-sell it have run aground, with a top bid of just $6,800 as of Thursday. The initial purchase was at the time among the most expensive sales of a non-fungible token, or NFT, and came amid a flurry of interest in the niche crypto assets which have since generated billions of dollars in sales. Estavi put the tweet up for resale on the popular NFT marketplace OpenSea last week, initially asking for $48 million.

16.04 / 09:01

cryptocurrency Crime North Korea hackers behind record $620-million crypto theft, says US

North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game, US authorities said Thursday.

13.04 / 15:47

regulation privacy Central Bank Central Banks Struggle With Privacy-related CBDC Headaches

As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust in using CBDCs, according to a recent paper released by the Bank for International Settlements (BIS).

12.04 / 23:51

Blockchain CBDC Adoption regulation inclusion Financial BIS releases study of CBDCs and their role in financial inclusion of the unbanked

The Bank for International Settlements, or BIS, released a paper Tuesday on central bank digital currencies, or CBDCs, and how they can be used to meet policy goals for financial inclusion. The paper drew on interviews conducted in the second half of last year at nine central banks that are currently exploring retail CBDCs. It looked at common goals across a range of economic development levels and challenges to inclusion.

09.04 / 13:55

Ex-Goldman Sachs banker convicted of bribery, money-laundering in 1MDB case

A former Goldman Sachs banker was convicted 8 April of helping to loot billions of dollars from a Malaysian sovereign-wealth fund in one of the world’s largest financial scandals.

08.04 / 19:27

Ex-Goldman Sachs banker convicted of bribery, money-laundering in 1MDB case

A former Goldman Sachs banker was convicted 8 April of helping to loot billions of dollars from a Malaysian sovereign-wealth fund in one of the world’s largest financial scandals.

07.04 / 13:39

business Ethereum PayPal Bitcoin Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.

02.04 / 08:27

Blockchain The world has synchronized on Russian crypto sanctions

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.

26.03 / 00:29

Blockchain CBDC Bank of England MIT adds the Bank of England to its stable of CBDC digital currency research partners

The Bank of England announced Friday that it had reached an agreement with the Massachusetts Institute of Technology Media Lab Digital Currency Initiative, or DCI, on a joint twelve-month research project on Central Bank Digital Currency, or CBDC. The bank said in a statement that the new project was for research purposes only, and not intended to develop an operational CBDC.

24.03 / 20:05

Blockchain Binance coinbase Bitcoin regulatory Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

24.03 / 17:23

Adoption Bitcoin Malaysian deputy finance minister responds to proposal to legalize Bitcoin

An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like Bitcoin (BTC) as a payment method following recent crypto-friendly proposals by the deputy communications minister.

22.03 / 16:49

Adoption Europe Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS

The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for the bank.

22.03 / 13:34

business Blockchain CBDC Central Bank International BIS joint pilot: Institutions can use CBDCs for international settlements

Bank of International Settlement (BIS) Innovation Hub has completed an experimental central bank digital currency (CBDC) platform pilot for international settlement with the central banks of Australia, Malaysia, Singapore and South Africa.

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