Malaysia

Uber hires a cricket superstar to show India it’s not going anywhere

4 weeks ago admin2 Comments Off on Uber hires a cricket superstar to show India it’s not going anywhere
Till just a few months ago, talk of a possible merger between Uber and its fierce Indian rival, Ola, was rife. But the American cab hailing service has clearly decided to ride solo. In the second week of June, Uber unveiled Virat Kolhi, the Indian national cricket team’s captain, as the face of its brand Read More

Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

2 months ago admin2 Comments Off on Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries
Exchanges A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first Read More

Malaysians are routing cash and logistics support through Facebook so they can go home and vote

2 months ago admin2 Comments Off on Malaysians are routing cash and logistics support through Facebook so they can go home and vote
As Malaysia heads to the polls today (May 9 local time), some voters will have beaten long odds to cast their ballots. Malaysians around the world have used social media in recent days to spontaneously form volunteer networks to generate funds, transport postal ballots, pool car rides, and otherwise go to extraordinary lengths to cast Read More

Localbitcoins Markets Set Record Trading Volume

7 months ago admin2 Comments Off on Localbitcoins Markets Set Record Trading Volume
Featured In recent weeks, numerous countries have set record highs for trading volume on Localbitcoins. The spike in volume can be attributed to the surpassing of the significant $10,000 USD milestone – which has likely comprised the catalyst for an influx in new crypto investors, as well as profit taking on the part of many Read More

Malaysia Financial Regulator Unveils Blockchain Pilot Project

8 months ago admin2 Comments Off on Malaysia Financial Regulator Unveils Blockchain Pilot Project
Image credit: SC Chairman Tan Sri Ranjit Ajit Singh giving his opening address at the SCxSC2017 Digital Finance Conference, @SecComMY, Twitter The Securities Commission (SC) Malaysia is exploring the use of distributed ledger technology for the over-the-counter (OTC) market. The pilot project, run through SC’s Alliance for Fintech (aFINity) program, aims to examine how blockchain Read More

Malaysian Central Bank To Issue Cryptocurrency Regulation In Early 2018

8 months ago admin2 Comments Off on Malaysian Central Bank To Issue Cryptocurrency Regulation In Early 2018
The Malaysian central bank, Bank Negara Malaysia (BNM), is expected to issue a directive to regulate the use of digital currencies in the country in early 2018. The central bank has been discussing and working on a proposed cryptocurrency regulation for some time now and this new development is expected to be hailed by industry Read More

Philippines to Legalize Bitcoin as a Security

8 months ago admin2 Comments Off on Philippines to Legalize Bitcoin as a Security
Featured A principal regulator in the Philippines has announced: “The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code,” the country’s Commissioner, Emilio Aquino, of its Securities and Exchange Commission (PhSEC), signaled on 21 November. Movement towards proper legalization comes after Read More

To help local firms, India may deal another blow to its struggling solar sector

8 months ago admin2 Comments Off on To help local firms, India may deal another blow to its struggling solar sector
India’s solar power sector is staring at yet another policy intervention that could put the viability of projects in the country under question. The Narendra Modi government is expected to impose an anti-dumping duty (ADD) on imported solar panels in order to boost sales of locally made ones. This is bound to increase the costs Read More

Why Financial Regulators Should Study Cryptocurrencies?

8 months ago admin2 Comments Off on Why Financial Regulators Should Study Cryptocurrencies?
With the growing interest in cryptocurrencies, many regulators turn to bashing ICOs and Blockchain in general. However, Monetary Authority of Singapore’s (MAS) Financial Markets Strategy Department Executive Director Yao Loong Ng took a different stance and encourages regulators around the world to have the fiduciary duty to learn about initial coin offerings (ICO) and digital Read More

Trump’s South China Sea mediation offer gives smaller nations a bargaining chip against China

8 months ago admin2 Comments Off on Trump’s South China Sea mediation offer gives smaller nations a bargaining chip against China
US president Donald Trump offered his services as a mediator in the South China Sea territorial dispute while meeting with Southeast Asian leaders over the weekend. None seemed particularly interested in taking him up on his offer—but it could still remain one of the few good options on the table. Trump was mostly restrained on Read More