Archive
SC Finally Reveals its Anticipated Regulations for Crypto Exchanges
January has been no picnic for Malaysia’s crypto-exchanges, with the possibility of RM10 Million fine and 10 years jail time looming over them ever since the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 was
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CIMB’s Trump Card for the Philippines is a Neo-Bank Inspired Strategy
CIMB just announced its formal expansion into the Philippines, and seemingly taking advantage of the blank slate there to launch an all-digital and mobile-first bank. The strategy to go fully digital seems to be favoured by banks that are entering
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Sydney Startup Hub: What Malaysia Can Learn from Australia’s Mega-Hub
Recently I had the pleasure of joining the ASEAN Tech Challenge which was organised by The Australian Trade and Investment Commission and the New South Wales Government. Held in Sydney the ASEAN Tech Challenge is a platform for Australian startups
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Malaysia’s Blockchain Industry Responds to SC’s Stance On Crypto
They say it’s always darkest before the dawn. That is just an enigmatic way to say that industry confusion is to be expected in the interim of the Securities Commission’s (SC) reveal of cryptocurrency regulations—at least for those that fall under
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Suprisingly, Malaysia Outperforms China in Government E-Payment Adoption
When one thinks about the most advanced countries in the world in the payments space, countries like China, Sweden and Australia often comes to mind. Malaysia is not among the countries that would typically occupy the mindshare of most. However,
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88% of Malaysians Believe That New Fintechs Are as Trustworthy as Traditional Banks
Ten years away from the global financial crisis and in the aftermath of the 1MDB scandal, consumer confidence in Malaysia’s financial sector is strong, with 83% of Malaysians saying the sector has a good reputation. In the inaugural Financial Services
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SC Malaysia Clarifies: A Crypto-Asset is Only A Security if Used in Specific Ways
Due to confusion that has come out regarding cryptocurrency within the past few weeks, the Securities Commission Malaysia has invited Fintech News Malaysia over to clarify on certain positions it holds regarding digital assets. One of the biggest revelations is
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SC Imposes Deadline For Crypto Exchanges Before They are Deemed Illegal
The issue of digital currency and assets regulation came into mainstream focus when Finance Minister Lim Guan Eng announced that Order 2019 will activate starting from the 15th January 2019. Soon after, the Securities Commission (SC) issued their own statement about the
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How To Earn From Your Credit Card?
Surprising but true, here is another reason for you to opt for a credit card, you can earn from it. Credit cards are amongst the easiest way to have some extra credit money for your travel, shopping, entertainment and other
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Zurich Partners up with Malaysian Startup to Provide Afterlife Planning to Customers
Zurich Malaysia just partnered up with Malaysian startup Bereev, an online legacy platform aiming to help Malaysians plan for their inevitable death. The team up makes a lot of sense since insurance and afterlife planning definitely go hand-in-hand. Bereev’s web-based application
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