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SINGAPORE: The Old Mutual Gold & Silver Fund, which manages US$220mil of mostly precious metal equities, is jumping on the bitcoin wagon.
KUALA LUMPUR: Whoever converts cryptocurrencies into fiat monies will be scrutinised under the anti-money laundering laws beginning next year, says Tan Sri Muhammad Ibrahim.
KUALA LUMPUR: Bank Negara Malaysia is developing the regulatory structure for digital currencies and from 2018, persons converting crypto currencies into fiat money currencies will come under anti-money laundering law.
When Mt. Gox, the world's largest bitcoin trading exchange, collapsed in early 2014, more than 24,000 customers around the world lost access to hundreds of millions of dollars' worth of cryptocurrency and cash.
INITIAL coin offerings (ICOs) are still the rage despite some regulators coming down hard on them and big names talking them down as just a big bubble or scam. The ICO euphoria is likely being fueled by the fact that despite all the negative news surrounding ICOs and cryptocurrencies, the price of bitcoins have kept soaring.
HONG KONG: It’s getting tougher and tougher to keep track of all the different versions of bitcoin.
A second lawsuit was filed this week against the organisers of cybercurrency technology project Tezos.
CAPE TOWN: Bitcoin climbed as much as 10% on Zimbabwe’s Golix exchange after the country’s armed forces seized power.