Malaysia

Highlights: BNM will test wholesale payments using Ringgit Stablecoin and tokenized deposits in 2026. Standard Chartered, Maybank, and CIMB will run controlled pilots under the Digital Asset Innovation Hub. The central bank will use trial data to shape policy and […]

Highlights: Malaysia’s Tenaga Nasional Bhd lost over $1 billion from illegal cryptocurrency electricity theft. Authorities raided 13,827 sites and seized Bitcoin mining machines, shutting down unlawful setups. TNB deploys smart meters and AI systems to detect suspicious electricity usage patterns. […]

Highlights: BNM introduced a three-year roadmap to expand asset tokenization and support Malaysia’s digital finance growth. The plan will test real-world use cases, including SME financing and Islamic smart contracts. Industry feedback will stay open until March 1, 2026. Bank […]

Highlights: Malaysian authorities have busted 45 illegal Bitcoin mining machines worth RM225,000. The illegal mining operation cost TNB RM36,000 per month in stolen electricity. Illegal Bitcoin mining remains a significant issue for Malaysia’s power grid. Authorities in Malaysia have dismantled […]

Highlights: Malaysia plans to modernize finance with cryptocurrency policies and international collaborations. Anwar has urged swift action to adopt digital finance and train a skilled workforce for the crypto industry. Malaysia is working with UAE and industry leaders to create […]

Highlights: Syndicate used deepfake to scam victims, amassing HK$34M via romance and investment fraud. Scammers employed AI deepfake personas to gain trust and exploit victims financially. Deepfake to scam victims highlights rising technological fraud, with billions lost worldwide in similar […]

Highlights: Malaysia’s SC ordered Bybit to cease all operations due to regulatory non-compliance. Bybit hopes to reconnect with Malaysian users after securing the necessary licenses. Malaysia’s crypto laws recognize crypto as securities but not as legal tender. Malaysia’s Securities Commission […]

Highlights: Malaysia partners with Worldcoin to implement iris scanning technology for digital ID verification. The initiative aims to strengthen Malaysia’s digital infrastructure and enhance secure identity verification. Despite global privacy concerns, Worldcoin continues its expansion, integrating its tech into Malaysia’s […]