Blockchain/Bitcoin
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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Malaysian Regulators: Raising ICOs in Malaysia Could be an Offense
In a joint-statement issued by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) today, the regulators stated that Initial Coin Offering (ICO) schemes may fall under the jurisdiction of the regulators. Both the regulators warned ICO issuers that carrying
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CopyCashCoin Ordered by Regulator to Cease and Desist in Malaysia
Following earlier reports of the Securities Commission Malaysia’s (SC) query into the CopyCashCoin ICO the regulator has directed CopyCash Foundation to immediately cease and desist all its proposed activities including a purported plan to launch an Initial Coin Offering (ICO)
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Securities Commission Malaysia Queries CopyCashCoin ICO
Following media reports on the Singapore based CopyCash launch of its CopyCashCoin ICO next week, which claims to be the world’s largest blockchain-based social travesting platform, Securities Commission Malaysia has issued a statement to caution investors against being exposed to heightened
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Bank Negara Malaysia Seeks Public Feedback on Cryptocurrency Regulation
The rapid development and adoption of cryptocurrencies have driven regulators from around the globe to adopt various approaches and regulatory measures and Malaysia is no exception. Following the announcement by Bank Negara Malaysia Governor, Tan Sri Muhammad Ibrahim in late
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Behind The Scenes: Securities Commission Malaysia’s Blockchain Project
In November 2017, Securities Commission Malaysia announced that it will be embarking on a blockchain pilot project for the OTC markets. OTC is short for “over-the-counter” which are typically reserved for companies do not meet the listing requirements. It is
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ICOs in Malaysia: An Overview
ICOs are becoming all the rage these days, with startups from around the globe adopting it as a method of fundraising. In Asia this is especially true for Singapore who recently emerged as the third largest ICO hub in the world and
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Malaysia’s HelloGold Wins “Most Innovative Islamic Product Award”
HelloGold, a Malaysian based fintech firm that blends gold trading with blockchain technologies was announced as the winner of the the Critics’ Choice Most Innovative Islamic Retail Product Award. Organised by the UK-based financial intelligence house, Cambridge IF Analytica, the award
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Securities Commission Malaysia Embarks on Blockchain Pilot Project
Tan Sri Ranjit Singh, Chairman of Securities Commission of Malaysia announced today at the SCxSC Digital Finance Conference 2017 today that the regulator has embarked on a pilot project for distributed ledgers in the unlisted and OTC Market space. The
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