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Microsoft pours $2.2 billion into Malaysia for cloud and AI expansion
2.5.2024
In its statement, Microsoft will collaborate with Malaysia to establish a national AI Center of Excellence and enhance cybersecurity capabilities
How to buy Bitcoin in Malaysia
30.4.2024
Learn how to safely purchase Bitcoin in Malaysia, exploring legal regulations, various purchasing methods and essential considerations for security and accessibility
Two ardent supporters of Worldcoin approach Malaysia’s government
24.4.2024
Sam Altman and Alex Blania, two of the biggest supporters of the Worldcoin project, have approached Malaysia’s government officials to work out a viable deal. Blania is the Co-Founder and CEO of Tools of Humanity and is leading the building of the Worldcoin project. He had a conversation...
Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns
24.4.2024
Sam Altman and Alex Blania engage with top Malaysian officials to strengthen ties following temporary bans in Europe and heightened global scrutiny regarding data privacy concerns.
The post Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns appeared first on Cryptonews
Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Mining
23.4.2024
Sarawak state of Malaysia's Miri region has accounted for more than half of power theft cases linked to crypto mining since 2018.
The post Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Mining appeared first on Cryptonews
AsiaPay Partners with BLOX to Explore Crypto Payment Solutions in Malaysia
10.1.2024
Source: Pixabay / Michael Wuensch Digital payment company AsiaPay has partnered with BLOX, a Malaysian web3 firm, to explore payment solutions around digital assets in the country. In a Jan 10 press release, the firm explained the need to look into other payment options as more sectors emerge...
Taiwan Police Bust $320 Million Crypto Money Laundering Racket
1.11.2023
Taiwan’s Criminal Bureau’s Electronic Investigation Team busted a major crypto money laundering operation, involving $320 million worth of USDT. The criminal network, led by a merchant named Qiu, spanned multiple countries in Southeast Asia, including Malaysia, Philippines, and Hong...
The explosive revelations of Caroline Ellison: Law Decoded
16.10.2023
SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research
Hata receives in-principle approval to be fifth Malaysian digital exchange
11.10.2023
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals
Malaysian Crypto Firm Hata Receives Green Light From Malaysian Regulators to Run 'Digital Asset Exchange' – Adoption on the Rise?
11.10.2023
The Malaysian financial regulator – Securities Commission Malaysia (SC) – has granted in-principal approval to cryptocurrency exchange and digital broker Hata.
The approval marks Hata as a Recognized Market Operator (RMO) and the 5th regulated digital asset exchange (DAX) in the country, operating...
Malaysian State Identifies Illegal Crypto Mining Operations as Reason for Recurrent Power Disruption
27.9.2023
The state of Sarawak in Malaysia has been prone to crypto mining rigs, many of which operate illegally.
Sarawak Energy, the state-owned electric utility firm, announced today that it has identified two illegal crypto mining sites, which caused recurrent power disruption in a few areas of...
SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
15.9.2023
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operations to begin by the end of the third quarter....
Indonesia Expands De-Dollarization Efforts With National Task Force Formation
9.9.2023
Indonesia’s central bank has established a national task force to expand the use of local currency with partner countries. Malaysia, Thailand, Japan, and China are already trading with Indonesia using local currencies. In addition, Singapore and South Korea have signed cooperation agreements...
Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar
29.8.2023
Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of Southeast Asian Nations (ASEAN) bloc. The network, already being used between Indonesia and Malaysia, aims to interconnect all ASEAN nations to reduce...
Borneo authorities seize illegal crypto miners running off stolen power
31.7.2023
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo
Crypto Mining Crackdown in Malaysia: Sarawak Police and Energy Plant Dismantle Illegal Mining Operation
31.7.2023
A covert cryptocurrency mining operation, suspected of electricity theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police and Sarawak Energy plant revealed that the successful operation was made possible by a tip-off from the public....
Halogen Capital Launched by Jirnexu Founders to Make Crypto Investing Mainstream in Malaysia
28.7.2023
Malaysia’s newest crypto fund management firm, Halogen Capital, has been launched by the entrepreneurs behind the local fintech player Jirnexu.
The new firm already offers a spot Bitcoin (BTC) fund and a lower-risk Income Fund denominated in Malaysian ringgit, with a spot Ethereum (ETH) fund...
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
11.7.2023
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again
China and Malaysia to Research AI for Blockchain Applications in Trade
19.6.2023
Blockchain developers from Malaysia will be working with Chinese colleagues to utilize artificial intelligence (AI) in foreign trade. The collaboration, which is part of a China-led international research program, aims to speed up cross-border transactions. Malaysia and China to Conduct AI Research...
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
29.5.2023
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update comes shortly after Huobi Global faced regulatory...