Blockchain/Bitcoin
Luno: Fueling Malaysia’s Crypto Growth
In the rapidly evolving world of cryptocurrency, Malaysia faces unique challenges and opportunities in meeting the growing demand for digital assets. Luno, a cryptocurrency exchange platform, is aiming to address these challenges head-on while ensuring a conducive and sustainable environment
Read More
SC Takes Action Against Huobi and CEO Leon Li for Operating Illegally in Malaysia
The Securities Commission Malaysia (SC) has taken action against crypto trading platform Huobi Global, and its CEO Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration. The SC is urging Malaysian investors who have been using
Read More
Aaron Tang Succeeds David Low as Luno’s APAC General Manager
Global cryptocurrency company Luno announced that David Low will be stepping down as APAC General Manager and succeeded by Aaron Tang was most recently the Country Manager for Luno Malaysia. The appointment will take effect on 15th May 2023. As
Read More
Luno’s COO James Lanigan Will Now Serve as the New CEO
Digital asset exchange Luno announced that its Chief Operating Officer James Lanigan who has been with the company for five years will now serve as its CEO. Meanwhile, Co-founder and existing Chief Executive Officer Marcus Swanepoel will be moving into
Read More
Investors in Dato’ Vida’s LaVida Coin Demanding to Be Repaid RM59 Million
Dato’ Sri Vida, a beauty mogul and polarising figure on the Malaysian scene, is coming under heat as the investors of her ill-fated initial coin offering (ICO) LaVida Coin are demanding their money back. According to the Harian Metro, the
Read More
HelloGold Shutters Its Consumer Business — Users Have Until 2 Feb to Withdraw Funds
Malaysian-based fintech HelloGold, a savings app that blended gold trading with blockchain technologies, has become the latest casualty of adverse market forces and will be closing down its core business in Malaysia and Thailand. Users are given until 2nd February
Read More
Luno Slashes 35% of Workforce as Crypto Fallout Rages On
Luno was the first digital assets exchange to be approved by the Securities Commission in Malaysia, opening the door for Malaysians to trade and store cryptocurrency assets in a more regulated setting. But as challenging macroeconomic factors adversely impact sectoral
Read More
JCB, IDEMIA and Malaysia’s Soft Space to Trial CBDC Acceptance in Tokyo
Japan-based global payments brand JCB has launched a central bank digital currency (CBDC) pilot project in partnership with French identity technologies company IDEMIA and Malaysian digital payments technology provder Soft Space. The project, dubbed the JCB Digital Currency or JCBDC,
Read More
Hong Leong Bank to Hold Physical Hackathon Focused on the Metaverse
Hong Leong Bank (HLB) is organising its “Can You Hack It” hackathon focused on re-imagining banking experiences through hyper-personalisation and the metaverse. This fully physical hackathon will be open to Malaysian residents where participants who are interested in joining should
Read More
Luno Malaysia to Add Cardano (ADA) and Solana (SOL) to Its Platform
Digital asset exchange Luno will be adding two cryptocurrencies to its platform: Cardano (ADA) on 21 September 2022 and Solana (SOL) on 6 October 2022. This comes after the addition of Chainlink (LINK) and Uniswap (UNI) earlier this year, bringing
Read More