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

Shrinking refugein bookstores
Tariffs fail to slow China exports
Frontline in flux
The fighter who’s walking away
The sparking of 'sprakkars'
Coffee’s vicious cycle
Storm in South Africa over Gaza evacuees
Who pays when AI goes bad?
The price of a perfect avocado
Back to broken homes

Others Also Read