1. Bank of Malaysia: it does not recognize or prohibit the public from deciding on the future of virtual currency
the president of the National Bank of Malaysia, dansri Muhammad Ibrahim, said that the concept document of cryptocurrency will be finalized this month, and the future of the virtual currency will be decided by the public
he mentioned that Malaysia's response is slightly different from that of some countries that have decided to ban cryptocurrency. Malaysia will not ban cryptocurrency at present, but let the market decide the future of cryptocurrency. The key is that our country must understand what is inside it
however, on September 28, Dato Mohamad zabidi bin Ahmad, senior director and global head of CIMB, Malaysia's second largest bank, attended the launching ceremony of an exchange called "urcoin" and publicly expressed the bank's support for it
It can be seen from this that although Malaysia does not affirm
digital currency as its legal tender, it has selected some projects to support it, observe its development and prepare for the future legislation
2. These so-called imported digital currencies are generally unreliable. They are mainly promoted by the marketing mode. In fact, they have no value. The so-called concept of their publicity does not exist. There is no technical support. It is just a digital game. And these coins will often play under the banner of an international or a company to cheat
it is suggested to pay more attention to the mainstream digital currencies such as
bitcoin, Ruitai coin, Laite coin and vitality coin.
3. This so-called Malaysian MBI has long been proved to be a pyramid scheme. Also dare to play, either you are bold, or you are trapped, deceive more people into you. If you're cheated, go to the police. Most of these coins are pyramid schemes. Bitcoin, Ruitai coin, Laite coin and doggy coin can be called digital currency.
4. The use of digital currency license: 1. Packaging platform for publicity; 2. Developing OTC legal currency business of exchange currency trading and contract futures; 3. Platform compliance and risk aversion
5. Construction Bank card has completed the real name authentication when handling, so there is no need to verify again. Any resident in China or foreign citizen holding a valid certificate issued by the host country can apply for it at any business outlet of the bank with a valid personal identity certificate. In order to ensure the security of funds, after receiving the new card, please immediately change the password on the ATM machine of the bank network or directly input your own password with the original password of the card, and pay attention to confidentiality in use to prevent others from peeping or stealing.
6. Malaysia MBA has long been proved to be an international pyramid scheme. I've seen relevant news reports before. Users can query by themselves. It is recommended to stay away from it. If you don't understand digital currency, you should stay away from it. If you are interested, you should pay attention to some valuable digital currencies. For example, bitcoin, dogcoin, decent
needless to say, bitcoin has been widely recognized and accepted in the world. Dog Coin focuses on small rewards and charitable donations; Decent is a distributed content publishing platform based on
blockchain technology.
7. Malaysia scan code payment is not a scam< Br > < br > digital asset exchange is a free trading platform for trading all kinds of digital financial procts. No matter digital token, digital currency, virtual currency, digital cryptocurrency and digital legal currency are all digital financial extension procts, they can be freely circulated and traded on the exchange. And each exchange has brought a huge demand group, which continues to promote the value of the pass. The only way for every indivial investor in the external market to obtain the pass is through our member group's hanging sale on the Internet< Br > < br > at present, SLA token has been launched on two exchanges. Among them, sfex is a digital asset international station, which is committed to becoming the medium of token trading, with an average monthly turnover of over 100 million; Lbank is a digital asset trading platform based on global payment scope, which provides safe, professional and convenient digital asset exchange services for global users. It is expected that other exchanges will be launched in succession< < br > scanpay is a good third-party payment platform. It has signed tens of thousands of businesses and registered 1.2 million users, and has launched synchronous promotion in Singapore, Malaysia, Thailand, Indonesia and other countries< br>
8. Compliance is the general trend of the development of the digital currency instry. Although the supervision of digital currency in various countries is becoming more and more mature and strict, it is good for the long-term development of the instry. Only by providing a qualified and standardized market for digital currency can the instry develop healthily and the participants can enter on a large scale, In addition to a developed country taking the lead in the standardized development of digital currency, a number of minority countries and archipelagos are also following. They are actively using digital currency to upgrade and transform the original economic system, and are standing out on the road to the future of blockchain era
Malaysia updated its legal framework in 2018 and adopted cryptocurrency regulatory rules,. According to them, exchanges, exchanges and organizations that convert non statutory funds are referred to as "reporting agents.". Control in this area is vested in the National Central Bank (the National Bank of Malaysia) and the Securities Commission, the main regulator. It must regulate relationships within the ICO framework and issue licenses for the exchange of cryptocurrency
The change of digital money market is not only influenced by its own growing mature factors, but also by national policies. Looking around the world, countries have different policies on digital money, ICO and exchanges, but also have different regulatory attitudes towards digital money, It also directly determines the settlement choice, survival and development of blockchain project parties and enterprises related to digital assets, and whether the assets of digital currency holders are protected by law
9. Southeast Asia, including Kuala Lumpur, Malaysia, many fraud cases and platforms, it is recommended to pay attention to safety, beware of being cheated!
