Malaysia

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.

Malaysia Pair Face Caning for Alleged $37K Bitcoin Fraud
If convicted, the two men face a maximum of 10 years in prison, caning and fines.

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor
Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Huobi-Branded Crypto Exchange Launches for Malaysian Market
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.

China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond
The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.

How a Hacker Launched a Decentralized Network to Track Internet Censorship
Using free and open-source software, the Open Observatory of Network Interference has built a “decentralized, citizen-led, internet censorship observatory.”

Malaysia's Stock Exchange Eyes Blockchain for Bond Market Digitization
Known as Project Harbour, the initiative will use distributed ledger technology as a register for a bond marketplace.

Malaysian Watchdog Plans to Extend Crypto Regulations to Wallet Providers
The nation's Securities Commission is seeking feedback before finalizing new rules to be applied to digital asset wallet services.

Malaysia Crackdown Unlikely to Affect Binance, eToro
Malaysia’s financial watchdog has said Binance and eToro don’t comply with the country’s securities law; it’s unlikely to make much of a difference to their local operations, however.

Development Group: Southeast Asian Consumers Too Bullish on Crypto?
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.

