Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar
Vietnam, the Philippines, and Brunei will be a part of a QR fee system to settle cross-border funds utilizing native currencies inside the Association of...
Crypto Mining Crackdown in Malaysia: Sarawak Police and Energy Plant Dismantle Illegal Mining Operation
A covert cryptocurrency mining operation, suspected of electrical energy theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police...
China and Malaysia to Research AI for Blockchain Applications in Trade
Blockchain builders from Malaysia can be working with Chinese colleagues to make the most of synthetic intelligence (AI) in overseas commerce. The collaboration, which is...
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
On May 29, Huobi HK introduced its growth of providers after Hong Kong applied its new crypto alternate license system. The platform now gives spot...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies...
China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says
An concept to ascertain an Asian Monetary Fund has caught the eye of the Chinese management, the top of the Malaysian authorities revealed. The prime...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
The authorities of India has introduced that it’s going to facilitate the settlement of worldwide transactions utilizing its nationwide forex, the rupee. As a part...
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
In the previous two years, legislation enforcement authorities in Malaysia have arrested a whole bunch of people for theft of electrical energy allegedly used to...
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says
Malaysia’s deputy finance minister has clarified that the federal government is not going to undertake cryptocurrency as authorized tender. “Cryptocurrencies like bitcoin should not appropriate...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to extend the participation of younger individuals within the cryptocurrency area. The crypto sector is beneath...