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Malaysia's Central Bank to Deem Cryptocurrency Exchanges as 'Reporting Institutions' The head of Malaysia's central bank has revealed further details about the institution's upcoming regulatory framework governing cryptocurrency usage in the country. Speaking in Kuala Lumpur at a counter-terrorism financing summit on Wednesday, Bank Negara Malaysia (BNM) governor Muhammad ...
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Korea's cryptocurrency exchanges Cause investors' losses One After Another The price of virtual currency bitcoin surpassed 9 million won (US$8,246) for the first time ever, creating the investment frenzy. As South Korea's cryptocurrency exchanges have experienced a series of traded breaks or connection failures, there is growing concerns over investors' losses. On November 21 ...
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China Awash with Liquidity: What This Means for Cryptocurrency Markets? Thus, the new liquidity injection may, at least in part, find its way into the cryptocurrency market, which is small in proportion to the Chinese economy, but is growing every day. At the same time, the Chinese central bank tries to curb the dangerous expansion of debt, while aiming to create a positive ...
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