Blockchain/Bitcoin
Securities Commission and Bank Negara Working to Bring ICOs Under Securities Law
To implement the regulatory framework on digital assets—be it tokens or cryptocurrency—the Bank Negara (BNM) and the Securities Commission Malaysia (SC) will enter into coordination arrangements to ensure compliance with laws and regulations under the purview of both regulators. The SC
Read More6 Crucial Things You Should Know About Country Heights’ Coming ICO
Earlier this month, Country Heights received the green light from their investors to pursue an ICO, which for now is tentatively named the Horse Coin. This cryptocurrency—if launched—will mainly be a utility or reward token, and be backed by actual
Read MoreThis is Project Castor, Securities Commission Malaysia’s New Blockchain Blueprint
One year ago , Securities Commission Malaysia embarked on their blockchain pilot project in the unlisted and Over-the-Counter (OTC) markets. Having completed the pilot the regulator unveiled the blueprint today at the SCxSC Fintech Conference. Before diving into what the
Read MoreCIMB Becomes the First Malaysian Bank to Join Ripple’s Network
CIMB Group and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets. On the back of this partnership, CIMB will join Ripple’s network RippleNet, which will facilitate access to other RippleNet members
Read MoreBudget 2019: Securities Commission Malaysia to Regulate ICOs in 2019
During the Budget 2019 speech, YB Lim Guan Eng, Finance Minister, stated that Securities Commission Malaysia will be coming up with a regulatory framework for cryptocurrencies, though not much details beyond the fact that it will be gazetted in 2019.
Read MoreTaylor’s University to Create Blockchain Syllabus in Partnership with NEM
Taylor’s University recently announced that they will be including blockchain in its syllabus thanks to a partnership between them and NEM. The scope of the partnership will see NEM assisting the university in the creation of a blockchain syllabus in
Read MoreMoneyMatch Completed Its First Cross-Border Blockchain Transaction with Ripple
Following MoneyMatch’s earlier announcement that they will be embracing Ripple’s blockchain to power their payments in April, the fintech startup has recently announced that they have successfully conducted their first ever live cross-border transaction out of Malaysia on the blockchain
Read MoreMyEG Hops on The Blockchain Bandwagon With Payroll System —Is There a Good Reason?
MyEG recently unveiled their PayMe, a blockchain-based payroll management software. Most of us know MyEG for enabling citizens to pay the Malaysian government online for services like road-tax renewal, zakat and many more. While some blockchain enthusiasts will celebrate the
Read More7 Cool Blockchain Projects Made Right Here in Malaysia
Besides ‘big data’ and ‘artificial intelligence’, the trendy buzzword in tech now is also blockchain, which the collective industry has finally realised can do more than just back cryptocurrency coins. And it is always interesting to see blockchain applications that
Read MoreLaVida Coin Ordered to Cease Activities by Securities Commission
The Securities Commission Malaysia (SC) has issued a notice for Dato’ Vida’s LaVida Coin to cease all promotional activities with immediate effect. This news follows the regulator’s previous announcement that it was reviewing LaVida Coin for possible breach of securities
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