Digital currencies set to go mainstream

Digital coin: A file picture showing an image of bitcoin and US currencies displayed on a screen at a conference in Singapore. Led by bitcoin and ethereum, the typical daily trading volume of all major cryptocurrencies combined is well in excess of US2bil (RM8.24bil) these days. — AFP

Bank Negara’s move to regulate the tokens expected to instil public confidence in their viability

Salient points
• Guidelines to be unveiled before year-end
• Sceptics concerned about risks of fraud and volatility
• Digital monies can be the new norm 

Limited time offer:
Just RM5 per month.

Monthly Plan


Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Cryptocurrency , digital monies


Next In Business News

Asia stocks up on high hopes for Nvidia, NZ dollar jumps
CIMB forecasts mid-June kickoff for fuel subsidy rationalisation
New Zealand dollar surges on surprisingly hawkish RBNZ
China's first batch of ultra-long special bonds surge on debut, triggering suspension
Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocation - economist
Banks, mining stocks lift Australian shares higher
Fed officials urge patience on timing of initial rate cut
Ringgit ends lower against the greenback
Feytech makes strong debut on Main Market
KTI Landmark eyes broader horizon post-IPO

Others Also Read