Digital asset exchanges continue to thrive


Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration

KUALA LUMPUR: Despite market uncertainties following the Covid-19 pandemic, about RM16bil worth of digital assets and cryptocurrencies have been traded in Malaysia between October 2019 and September 2021.

Securities Commission (SC) chairman Datuk Syed Zaid Albar said digital asset exchanges in the country would continue to thrive this year, with about 300,000 new accounts created to date.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Velesto, Maxis, Infomina, Awantec, Willowglen, Silver Ridge, Perdana, Hume cement, Shin Yang, D&O, Powerwell, Kee Ming, Kim Loong, Crescendo
Oil jumps 2% as investors weigh Ukraine talks against supply outlook
US stocks close below record highs, world indexes set for double-digit 2025 gains
China’s solar additions rise to six-month high
Beijing’s point person for finance in Hong Kong to leave post
Infrastructure upgrades to drive Penang development
EV slowdown to hit China lithium batteries
Izwan Hasli appointed as PNB Merdeka Ventures CEO
Wall Street’s old guard takes control of rivalry
China’s LandSpace gears up to take on Elon Musk and SpaceX

Others Also Read