Blockchain/Bitcoin

Can Blockchain Eradicate Corruption in Malaysia?

As Malaysians go to the polls tomorrow to decide the fate of the country, the election fever runs high. So much so that the election fever has seeped into the subject of blockchain. Earlier this week, a candidate of the

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MoneyMatch Embraces Ripple’s Blockchain Solution to Power Payments

Ripple, the enterprise blockchain solution for global payments, is announcing that five new customers across Europe and Asia will use xVia to power frictionless payments over RippleNet, among the companies announced is Malaysia’s very own fintech company MoneyMatch. xVia is

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HelloGold Secures Series A from 500 Startups

Southeast Asian fintech firm HelloGold has secured Series A funding from Silicon Valley venture capital firm 500 Startups. The funding will be used for the integration and testing of blockchain elements on the HelloGold mobile app. Providing a Shariah-compliant platform

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Meet the 9 Cryptocurrency Exchanges in Malaysia Registered with BNM

Bank Negara Malaysia has published the list of cryptocurrency exchanges in Malaysia that has registered itselves as a reporting entity with the regulator. This follows our report issuance of the policy paper titled “Anti-Money Laundering and Counter Financing of Terrorism Policy

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Luno Registers as Reporting Institution with Bank Negara Malaysia

Popular cryptocurrency exchange platform, Luno, today announced that they have formally registered with Bank Negara as a reporting institution as required by the policy document: Anti- Money Laundering and Counter Financing of Terrorism (AML/CFT) – Digital Currencies (Sector 6) which

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Malaysia’s ICOs Moves Beyond Fintech as Marketplace Player ServisHero Eyes ICO

Malaysia’s ICO scene seems to be maturing following a successful ICOs by the likes of HelloGold, and large players like Air Asia mulling their own ICO. The latest to join the game is Malaysia’s very own digital marketplace for the

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The Tale of Sushi and Cryptocurrency: Are ICOs Getting Out of Hand?

Sakae Holdings Ltd announced in Singapore yesterday that they will be partnering with MC Payment to jointly develop and launch an ICO for their own cryptocurrency known as Bitecoin. Sakae Holdings is known in Malaysia for their restaurant chain Sakae

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IRB Lifts Freeze on Luno

Earlier in January Malaysian tax officials the Inland Revenue Board froze the bank account of popular cryptocurrency exchange, Luno. The account was frozen pending an investigation relating to tax matters. Luno users were still able to trade cryptocurrencies but were

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Fintech in Malaysia 2018 – January News Roundup

Malaysia’s fintech scene is becoming increasingly active, it is sometimes difficult to keep track of all the important events, we figured it might be useful to our readers to do a summary. Here are some news roundup for the month

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EY’s Study Shows Big Risks in the ICO Market

A lack of fundamental valuation and the due diligence process by potential investors is leading to extreme volatility of the initial coin offering (ICO) market, according to new research published by EY. The research also found that in some cases

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