Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.
Bank Negara Malaysia published draft guidelines for cryptocurrency exchanges to report their usage statistics to prevent illicit transactions.
The governor of Malaysia's central bank reportedly revealed plans for a possible cryptocurrency ban when discussing upcoming regulation yesterday.
Malaysia's central bank could introduce rules around cryptocurrencies by the end of this year, according to statements by its governor.
Malaysia's central bank, the Bank Negara Malaysia, has issued a brief but hands-off statement about bitcoin.