Blockchain/Bitcoin

Luno Offers Bitcoin Cash for Trading Following Approval From the SC

Luno announced that it is the first digital asset exchange in Malaysia to be approved by the Securities Commission Malaysia to offer Bitcoin Cash (BCH) for trading on its platform. Chin Wei Min, Executive Director for Digital Strategy and Innovation

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Malaysian Founded Crypto Social Media Platform Torum Raises US$ 1.45 Million

Torum, a social media platform specially designed for cryptocurrency users, announced that it had secured US$ 1.45 million during a private funding round. Launched on the 1st of July 2020, Torum emphasises gamification elements and token utility to bring the

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CoinGecko Launches “NFT Spotlight” to Highlight Crypto Artists

CoinGecko, the world’s leading independent data aggregator hailing from Malaysia, is now on a mission to promote art appreciation and help artists connect with more audiences through the launch of NFT Spotlight. Prior to this, CoinGecko launched “NFT of the

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Luno Reports RM 1 Billion in Digital Assets Under Custody as Bitcoin Prices Skyrocket

Luno, a digital asset exchange in Malaysia approved by the Securities Commission, announced that the company is now managing more than RM 1 billion of digital assets less than two years since the company relaunched in Malaysia in 2019. Luno’s

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Securities Commission Seeks to Block Access to Remitano for Illegally Offering Crypto Services

The Securities Commission Malaysia today issued a statement today saying that they have reprimanded Remitano for operating a digital asset exchange in Malaysia without authorisation from the SC. The SC said that it views this transgression as serious and is

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Bank Negara Malaysia to Evaluate Merits of Digital Currencies Through POCs

Central bank-backed digital currencies (CBDCs) are rapidly on the rise, with 86% of central banks around the world researching the potential of CBDCs, 60% experimenting with the technology and 14% piloting the technology. CBDC is the digital form of fiat

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Kenanga Dips Its Toe in Crypto With Tokenize Xchange Stake Acquisition

Kenanga Investment Bank Berhad (KIB) via its wholly-owned private equity arm, Kenanga Private Equity Sdn Bhd, has entered into a conditional agreement to acquire 19% equity interest in Tokenize Technology (M) Sdn Bhd, a digital asset exchange that allows trading

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Bursa Malaysia and Hashstacs Complete Pilot for Blockchain Bond Platform

Blockchain development company Hashstacs (STACS), announced that it has completed the blockchain proof-of-concept (POC) with Malaysia’s national stock exchange, Bursa Malaysia, to facilitate the growth of the bond marketplace at the Labuan Financial Exchange (LFX). The POC was executed and

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Huobi is Not Authorised to Offer Crypto Exchange Services in Malaysia Outside of Labuan

Huobi recently announced that as a “localized digital asset exchange for the Malaysian market” they have launched their service to provide Malaysians a “safe and regulated way to trade cryptocurrencies” after securing a license from “Malaysian authorities”. They further added

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Luno Claims Crypto Exchange Top Spot in Malaysia with RM 827 Million in Transactions

Luno, the first Securities Commission-approved digital asset exchange in Malaysia, announced today that the company has processed over RM 827 million worth of transactions in Malaysia since its relaunch in 2019. Claiming it is the largest digital asset exchange in

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