Malaysia May Be the Next Country to Make Bitcoin Legal Tender

Published by
The Street

By Rob Lenihan A Malaysian government official on calls his country to adopt bitcoin and other cryptocurrencies, following El Salvador’s lead. It’s a long way from Malaysia to El Salvador but the two countries may soon have a cryptocurrency connection. A senior Malaysian official said the Southeast Asian country should adopt bitcoin and other cryptocurrencies as legal tender. ‘It’s Like a Domino Now.’“We hope the government can allow this,” Zahidi Zainul Abidin, deputy minister of the Communications and Multimedia Ministry, said in Parliament, Bloomberg reported. El Salvador adopted Bitcoin as…

Read More

  • Related Posts

    BNM’s International Reserves At US$119.6 Bln As At Oct 15, 2024

    KUALA LUMPUR, Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.

    The reserves position was sufficient to finance 4.8 months of imports of goods and services, an…

    Malaysia Exports Palm-Based Oleochemicals Worth RM2.82 Bln To China In 2023 – Johari

    KUALA LUMPUR, The export of palm-based oleochemicals from Malaysia to China has increased 1.4 times to 604,208 tonnes in 2023, worth over RM2.82 billion from 434,333 tonnes in 2014, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghan…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.