Malaysia Will Not Ban Bitcoin Trading, Confirms Finance Minister

Malaysia will not enforce a blanket ban on the trading of cryptocurrencies like bitcoin, the country’s second finance minister revealed. In an interview with The Malaysian Reserve, the country’s second Finance Minister Johari Abdul Ghani has confirmed that the country’s central bank will not impose a ban on cryptocurrencies, emphasizing that such a draconian move would ‘curb innovation and creativity in the financial sector.’ The official, who said the government is focusing on striking “a balance between public interest and integrity of the financial system”, added: “It is not the…

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