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Topic: [2017-12-15] Malaysia Presented Rules for Cryptocurrency Exchanges (Read 78 times)

hero member
Activity: 756
Merit: 505
So glad that I see this is happening.

Time has come that governments worldwide has spoken, and thankfully most of them have seen the potential of Bitcoins to penetrate the market. This is another achievement yet for Bitcoin!

In the same vein, we have to understand that it is not easy for governments to adapt something beyond the norms -- Bitcoin included. Perhaps it will take time before all things fall into place. As for now, let us remain steadfast in the pursuit of our investments while being thankful of what is coming our way.
newbie
Activity: 168
Merit: 0
It's really nice that governments have recently been deciding to legalize & regulate bitcoin rather than banning it, because they have seen that banning it will not work. I'm happy that Malaysia has recognized this as well.

Unfortunately, it hasn't legalized bitcoin yet. Malaysia is looking for the ways to regulate it
member
Activity: 140
Merit: 11
It's really nice that governments have recently been deciding to legalize & regulate bitcoin rather than banning it, because they have seen that banning it will not work. I'm happy that Malaysia has recognized this as well.
newbie
Activity: 168
Merit: 0
Yesterday Bank Negara Malaysia released a report, presenting new draft regulations for cryptocurrency exchanges that operate in the country. In the report, bank asks the public to weigh in on measures aimed at easing money laundering and terrorist financing concerns related to cryptocurrencies.

Read more: https://hype.codes/malaysia-presented-rules-cryptocurrency-exchanges

What is your opinion about upcoming regulation?
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