Archive
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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Merchantrade Launches Multi-Currency Payments Card and Mobile Wallet with VISA
Merchantrade Asia Sdn Bhd a home-grown Money Service Business operator has launched a VISA multi-currency prepaid card that digitally converts pre-loaded Malaysian Ringgit into multiple currencies. This launch comes in the time of an increasingly competitive landscape with the likes
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iPay88: Malaysia’s Cashless Ambition On Track
Malaysia shows significant growth in cashless transactions Mobile payments are the most dominant method Online banking is a preferred method over cards in the eCommerce space Malaysian-based iPay88, a provider of online payment service solutions in ASEAN shared its
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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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Peer Pressure: Malaysia’s Peer to Peer Lending (P2P) Performance
Peer to Peer Lending or better known as P2P Lending refers to an online platform that matches lenders to borrowers, the concept is widely believed to be introduced by Zopa and popularised by the likes of Lending Club. The framework for
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An Inside Look: Concerns on Malaysia’s First Cashless Store by IrisPay
As the digital wallet war heats up in Malaysia, a new player, Irispay throws its hat into the ring with their fully cashless concept store in Subang Jaya, seemingly as a push to promote usage for their digital wallet. Irispay
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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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Fintech Malaysia 2017 in Review
The year 2017, has been an interesting year for the Fintech Malaysia scene, while there’s been progress in this scene in the past few years it was really in 2017 that we see fintech being increasingly mainstream in the Malaysian
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RM 14 Million Raised: pitchIN Leads Malaysia’s Equity Crowdfunding with 60% Market Share
Malaysia’s equity crowdfunding scene is becoming increasingly vibrant, during the pitchIN Equity Crowdfunding Report 2017 event, the crowdfunding platform announced that they ended 2017 with 60% market share closing at a total of RM 14,022,132 with 12 issuers. Sam
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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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