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Fidelity Investments Inc has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase.
KUALA LUMPUR: Bank Negara said there are an average of RM75mil in transactions of bitcoin and other cryptocurrencies each month in Malaysia, on four digital currency exchanges.
KUALA LUMPUR: Luno Malaysia, which is part of the London-based cyrptocurrency exchange, has formally registered with Bank Negara Malaysia as a reporting institution.
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.
Dramatic falls followed by sharp rises followed by more dramatic falls. Crypto-currency exchange markets are giving us all whiplash. With allegations of bad practice leading to investigations into some cryptocompanies, the once booming currency faces uncertain times.
The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies.
LONDON: Those gathered in the Reform Club near Buckingham Palace late last month were just a small part of a fast growing cohort of idealists and profit-seekers working feverishly on a new breed of digital currencies.
Finance ministers and central bankers from the Group of Seven advanced economies strongly supported the need to regulate digital currencies, the US Treasury Department said in a statement on Dec 7 after a virtual meeting of the officials.
NEW YORK: A massive cyber attack from unknown sources that has been spamming bitcoin exchanges is highlighting some of the dangers people can encounter when they exchange cash for digital currencies like the bitcoin, experts said on Wednesday.