Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls […]
Malaysia’s government still hasn’t made up its mind on what to do with cryptocurrencies. The country’s finance minister last year warned companies not to issue new tokens, while waiting on the central bank to give clear advice. But Malaysia’s Federal Territories Minister this week said that the government is undecided on whether cryptocurrencies are legal […]
The post Cryptocurrency Still a Gray Area in Malaysia After Government Deems It ‘Neither Legal nor Illegal’ appeared first on Bitcoin News.
Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. Also read: Law Firm: South Africa’s Draft Law Could […]
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A survey by Luno, a London-based cryptocurrency platform, has revealed that a growing number of people in South Africa prefer holding cryptocurrencies such as bitcoin and bitcoin cash rather than the local fiat unit, the rand. About 70 percent of South Africans have heard about virtual currencies, and most people have been using them as […]
The post Survey: South Africans Turning to Crypto as Hedge Against Volatility of the Rand appeared first on Bitcoin News.
In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and […]
The post Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians appeared first on Bitcoin News.
The number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year. […]
The post The Daily: Asian Crypto Jobs on the Rise, Colombia to Cut Taxes for Crypto Firms appeared first on Bitcoin News.
The mythical fountain of youth. The tales of it appeared in writings by Herodotus, it was sought by the emperors of ancient China, for its sake alchemists spent years trying to create a philosopher’s stone. Centuries have passed, technological progress inexorably moves forward, but the issue of reversing the age is still hanging at poise. All over the world hundreds of clinics and laboratories spend millions of dollars searching for a way to slow down biological time. Now, in the heyday of blockchain and cryptocurrencies, high-tech startups are also joining the race for eternal youth.
According to the World Bank, about 8.7 percent of the world’s population is people over the age of 65. This is about 652 million humans! The forecasts are even more discouraging: the ageing population grows at an unprecedented rate and the percentage is projected to reach nearly 17 percent by 2050.
The post PR: Stemcell-pj – Tech to Reverse Ageing: Blockchain Startup Joins the Fight for Longevity appeared first on Bitcoin News.
Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Belfrics Resumes […]
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A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first crypto […]
The post Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries appeared first on Bitcoin News.
楊金龍 Yang Chin-long, Governor of the Central Bank of the Republic of China (Taiwan), has suggested to the country’s lawmakers that bankers are watching cryptocurrency prices closely, and that it has recommended bitcoin should be regulated under existing anti-money laundering laws. Also read: Trezor to Implement Bitcoin Cash Addresses Taiwan Set to Regulate Bitcoin Under Anti-Money […]
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