Cryptocurrency Guidelines To Be Issued End Of The Year

Cryptocurrency Guidelines To Be Issued End Of The Year

With the rise of cryptocurrency in Malaysia, Bank Negara Malaysia (BNM) will issue guidelines on them by the end of the year.

BNM Governor Tan Sri Muhammad Ibrahim has confirmed that he was looking into it as the new form of currency had attracted a lot of attention around the globe.

The central bank hopes to come out with guidelines on cryptocurrency, in particular those relating to anti-money laundering and terrorist financing, by the end of the year.

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Muhammad added that he wanted to ensure that there are clear guidelines for those who want to participate in this sector.

[Source]

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