Malaysia
Malaysia’s Royal Unveils Ringgit-Backed Stablecoin for APAC Payments
The new fiat-pegged token arrives as Asia leads global stablecoin use, with over 50% of institutions in the region already on board.

Malaysia Forms Air and Ground Task Force to Shutdown 14,000 BTC Mining Rigs: Bloomberg
Authorities released a report revealing 14,000 illegal bitcoin miners siphoned electricity from the national grid worth $1.1 billion since 2020.

Malaysia Power Theft by Illegal Crypto Miners Rose 300% Since 2018
Nationwide raids have shut down an average of 2,300 miners a year operating on stolen power since 2020.

Malaysia Weighs Introduction of Crypto, Blockchain Legislation
The country's prime minister held discussions with Abu Dhabi's government and crypto exchange Binance to formulate how to move forward.

Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.

Malaysia’s Big Ambitions in Blockchain
Host Joel Flynn takes a deep dive into Malaysia's ambitious public blockchain plan. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Partnership to Operate Malaysia's National Blockchain Infrastructure Sealed
Malaysia’s national blockchain infrastructure will be for all levels of government and commercial sectors.

First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K
A study by crypto exchange KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways.

Huobi Warning Issued; Singapore’s Blockchain Aims
Huobi Global talking to Malaysian regulator after being put on investor alert list. What’s happening with crypto regulation in Asia? Singapore’s developing crypto landscape. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

China's Ant Group to Work With Malaysian Investment Bank Kenanga on Crypto 'SuperApp'
Malaysia's largest independent investment bank will introduce an app that includes crypto trading and portfolio management.
