Govcoins and crypto to coexist


GOVERNMENT-backed coins and private cryptocurrencies will coexist for a while, despite rising regulatory walls set by the government to counter virtual coins, experts at a global webinar session said Thursday.

Noting that cryptocurrencies and digital currencies by governments are “two different animals,” they will coexist for now partly because current cryptocurrencies are not actually solving payment problems.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Focus

Line for groceries, line for hope
Hollywood’s fading relevancy
Sibling alliance collapses in public amid graft uproar
Flooded out despite billions spent
The postal service that defies war
Loyalty first, expertise second
Babbling brooks beat bathroom blushes
The race for star power
Polar bear capital at the edge
Monarchs on the move

Others Also Read