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“# Southeast Asia’s first Bitcoin fund launches to meet local institutional demand ” The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region. An announcement states the fund launched in response to a growing demand for institutional crypto products in…
“# Major Malaysian financial firm to invest in regulated crypto exchange ” Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment. According to an official Feb. 8 announcement, Kenanga has entered into a conditional agreement to acquire a 19% equity stake…
“#Eager to eat out, Malaysians get a taste for drive-in dining” Enlarge Image A dish for ‘dine in car’ service is pictured in a car, during a lockdown due to the coronavirus disease (COVID-19) outbreak, in Cyberjaya, Malaysia February 4, 2021. Reuters CYBERJAYA, Malaysia – Diners in Malaysia can now enjoy restaurant meals from the…
“#US bans second Malaysian palm oil giant over forced labor” The US said it will ban all shipments of palm oil from one of the world’s biggest producers after finding indicators of forced labor and other abuses on plantations that feed into the supply chains of some of America’s most famous food and cosmetic companies….
“# China Construction Bank’s blockchain bond efforts take a new direction ” China Construction Bank, the world’s second-largest bank by assets, is cooperating with Malaysian and Singaporean partners to test blockchain technology for use in the bond market. As previously reported, China Construction Bank’s branch in Labuan, Malaysia, had initially pursued a partnership with a…
“# Huobi launches regulated crypto exchange in Malaysia ” Huobi Global, Huobi Group’s flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. Today, Nov. 27, the brand has better news to announce, with the launch of another, independent platform licensed…
“#Malaysian lawmaker calls for hate speech law after Reuters’ Rohingya report” KUALA LUMPUR – An opposition lawmaker called on Tuesday for Malaysia to outlaw online hate speech, accusing authorities of downplaying the gravity of an issue highlighted by a Reuters investigation into abuse on Facebook of Rohingya refugees and undocumented migrants. Citing the Reuters report…
“# Chinese banking giant withdraws $3B blockchain bond from listing ” China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay. Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request. According to Reuters on Nov….
“#Malaysia group teaches refugee women how to read and write” KUALA LUMPUR, Malaysia — In a bare room, students seated on the floor recite the alphabet. But these are not children. The students are refugee women in Malaysia, some in their late 50s, who for the first time are learning how to read and write,…
“# One of the world’s top banks issues bonds that can be bought with Bitcoin ” China Construction Bank has partnered with a Hong Kong-based fintech to issue the first-ever blockchain-based digital security issued by a Chinese financial institution. One of the “Big Four” banks in the People’s Republic of China, CCB is ranked the…