Tag Archives: Malaysia

Malaysia Central Bank has Final Say on Cryptocurrency Issuance

Malaysia has indicated that the country’s central bank has the last word regarding the introduction of new cryptocurrencies. According to the Minister of Finance, Lim Guan Eng, the country’s central bank Bank Negara Malaysia (BNM), will have to be consulted regarding cryptocurrency projects as the final decision rests with the apex bank. Continue reading Malaysia Central Bank has Final Say on Cryptocurrency Issuance

Malaysia Launches Blockchain Certificate Verification to Combat Degree Fraud

The Malaysian Ministry of Education is turning to blockchain technology to combat degree fraud in order to maintain the integrity and reputation of universities in the Southeast Asian country. Continue reading Malaysia Launches Blockchain Certificate Verification to Combat Degree Fraud

AirAsia Planning Cryptocurrency-Based Rewards Program

Malaysian low-cost airline AirAsia is launching a cryptocurrency-based rewards program. AirAsia chief executive Tony Fernandes told Nikkei Asian Review that its frequent-flyer rewards program is being converted into a cryptocurrency platform called BigCoin. The move is part of a broader effort to improve the airline’s digital services and move the company toward a cashless system. Continue reading AirAsia Planning Cryptocurrency-Based Rewards Program