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Malaysian authorities are cracking down on illegal crypto mining, revealing a staggering $1 billion loss in electricity theft linked to unregulated mining activities.
Electricity theft linked to crypto mining has risen by 300% from 2018 to 2024 as authorities intensify crackdown efforts.
In this week's overview, we delve into the latest developments in the crypto landscapes of South Korea, Vietnam, Malaysia, Thailand, and Hong Kong, highlighting their unique approaches and emerging trends.
StashAway introduces Bitcoin and Ethereum ETFs to its Malaysian users, aiming to enhance the region's crypto investment landscape.
The Malaysian Prime Minister considers implementing legislation to regulate the growing crypto sector, following discussions with UAE government and Binance.
Standard Chartered Malaysia and Capital A are set to launch a ringgit-pegged stablecoin for wholesale transactions, marking a key step in Malaysia's digital asset landscape.
Bank Negara Malaysia introduces a strategy focusing on real-world asset tokenization to enhance financial services and compliance.
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