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Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’
30.7.2021
The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in the country, the regulator has advised those who currently have accounts with Binance “to immediately cease trading through...
Binance Winds Down Derivatives In Europe While Malaysia Takes Action
30.7.2021
Source: Instagram, Binance
The crypto exchange giant Binance has run into yet more regulatory trouble in Asia while it's making new preventive moves in Europe.
The platform issued a notice on its Binance.com website explaining that it “plans to wind down its futures and derivatives products...
Binance banned in Malaysia, given 14 days notice to shut down operations
30.7.2021
The crypto exchange has been served with a notice to stop offering its services in the country
Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished
19.7.2021
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1.26 million, were steamrolled in the Malaysian city of Miri and eight people have been arrested...
Hong Kong Regulator Warns About Unregulated Cryptocurrency Trading Platforms and Binance
18.7.2021
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about unregulated cryptocurrency trading platforms, particularly Binance. The regulator said that the crypto exchange is offering the trading of “stock tokens.” The SFC issued a statement Friday warning...
Malaysia is literally crushing thousands of illegal Bitcoin miners
16.7.2021
It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap
University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%
15.7.2021
After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the...
The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad
9.6.2021
PRESS RELEASE. Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements. 9th June, 2021, Kuala Lumpur, Malaysia — Torum, the first DeFi, and NFT-infused crypto social media platform is now going...
New ASEAN blockchain consortium targets cross-border cooperation
23.4.2021
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness
Southeast Asia's first Bitcoin fund launches to meet local institutional demand
9.3.2021
The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
28.2.2021
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns...
Why is Bitcoin $86K in Nigeria? Here's why the BTC premium is huge in some countries
26.2.2021
Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable?
Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin
20.2.2021
Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8.6 million Malaysian ringgits ($2.15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried...
Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police
18.2.2021
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week
Major Malaysian Bank Kenanga Acquires 19% Stake in a Crypto Exchange
11.2.2021
One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by investing in Tokenize Xchange. Tokenize Xchange Is One of the Three Malaysian Licensed Crypto...
Major Malaysian financial firm to invest in regulated crypto exchange
8.2.2021
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets
Malaysia Pair Face Caning for Alleged $37K Bitcoin Fraud
2.2.2021
If convicted, the two men face a maximum of 10 years in prison, caning and additional fines
Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor
15.1.2021
Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions
China Construction Bank's blockchain bond efforts take a new direction
4.12.2020
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond
Huobi-Branded Crypto Exchange Launches for Malaysian Market
27.11.2020
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services