Blockchain/Bitcoin
Kapital DX Debuts RM150 Million Tokenised Shariah-Compliant Offering
Kapital DX Sdn Bhd (KLDX), a multi-asset fundraising and investment platform, has introduced its inaugural product offering – a RM150 million tokenised primary offering of a shariah-compliant fixed income product, in collaboration with Integra Healthcare Technology Sdn Bhd (Integra). Named
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Bursa Malaysia Rules Out Offering Crypto on Its Multi-Asset Exchange Platform
Bursa Malaysia has ruled out offering cryptocurrencies on its multi-asset exchange platform, according to a report by the New Straits Times. The exchange’s CEO, Datuk Muhamad Umar Swift, explained that cryptocurrencies fail to align with the company’s mission to support
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Huobi-Backed Torum Set to Launch New Digital Asset Exchange Platform in Malaysia
The Securities Commission Malaysia (SC) has issued an approval-in-principle to Torum International, paving the way for the establishment of a new digital asset exchange (DAX) in the country. This decision marks Torum as the sixth entity to receive such licensing
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TRM Labs Plays Role in Malaysian Police’s Crack Down on US$2.5M Crypto Fraud
Malaysian authorities apprehended three individuals connected to a cryptocurrency fraud scheme, accused of misappropriating over US$2.5 million in digital currencies from twenty victims. In a recent blog post, blockchain intelligence company TRM Labs claims to have supported the Royal Malaysia
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Luno Users Can Now Verify Their Crypto Holdings With Proof of Reserves Reports
Luno, a regulated digital asset exchange in Malaysia, has announced a new initiative aimed at bolstering transparency for its users by issuing monthly proof of reserves reports. This move is designed to assure customers that their digital assets are accurately
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Gambit Custody Names Melvyn Ho as New Co-Founder and COO
Gambit Custody has announced the appointment of Melvyn Ho as its new Co-founder and Chief Operating Officer in a bid to strengthen its position in the digital asset custody market. The company had secured in-principle approval from the Securities Commission
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Ethereum Staking Now Available on Luno for Malaysian Users
Luno, a regulated digital asset exchange in Malaysia, has recently introduced Ethereum (ETH) staking, offering an opportunity for customers to earn ETH rewards on a weekly basis. This initiative positions Luno as the first regulated exchange in the country to
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JCB, IDEMIA, and Soft Space Advance to Phase 2 in Offline Digital Currency Project
Japanese international payments firm JCB along with French identity technologies company IDEMIA and Malaysian fintech Soft Space will be embarking on the second phase of their “JCB Digital Currency” (JCBDC) pilot project in early 2024. This initiative aims to experiment
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CoinGecko Acquires Zash to Enhance Its Crypto Data API
Cryptocurrencies data aggregator CoinGecko has announced its first-ever acquisition of Zash, a company specialising in NFT data infrastructure and intelligence, to expand its cryptocurrency data services. CoinGecko plans to introduce new endpoints to its crypto data API by the second
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SC Grants First Full Digital Asset Custodian License to CoKeeps
CoKeeps announced its launch as a Digital Asset Custodian (DAC), being the first to secure a full license from the Securities Commission Malaysia (SC). The SC had previously granted in-principle approval to Gambit Custody in October to be a DAC.
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