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Malaysian Ministry Proposes Legal Tender of Crypto Currency
Malaysian Ministry Proposes Legal Tender of Crypto Currency
21 Mar 2022, 01:31 PM IST
(Bloomberg) -- Malaysia’s Communication Ministry has proposed to the government that crypto currency such as bitcoin be adopted as legal transfer, its deputy minister Zahidi Zainul Abidin told Parliament on Monday.
- “We hope the government can allow this,” Zahidi said. “We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.”
- Crypto currency falls under the purview of the country’s central bank and Securities Commission, he added
- EARLIER:
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