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KUALA LUMPUR: Two weeks after the Securities Commission issued a stern warning to investors putting money into cryptocurrencies, Bank Negara has now said it will be issuing its guidelines on the issue by year-end.
Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.
HONG KONG: Bitcoin fell back below the US$8,000 level for the first time in more than a week to halt its most recent rally, leading a wider retreat among cryptocurrencies.
Facebook Inc is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they’re “frequently associated with misleading or deceptive promotional practices”.
North Korean hackers are hijacking computers to mine cryptocurrencies as the regime in Pyongyang widens its hunt for cash under tougher international sanctions.
COPENHAGEN (Reuters) - Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies.
Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.
While Facebook’s planned global digital coin Libra faces tough opposition from regulators in Washington, analysts say cryptocurrencies are likely to charge on in other countries, possibly leaving America behind.
KUALA LUMPUR: Finance Minister Lim Guan Eng has pulled the brakes on those seeking to create cryptocurrencies pending the final word from Bank Negara.
KUALA LUMPUR: Finance Minister Lim Guan Eng has put the brakes on those seeking to create cryptocurrencies, pending the final word from Bank Negara Malaysia.