Malaysia’s finance minister has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank. Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet […]
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The head of the IMF suggests looking into central bank issued digital currencies, while a Swiss stablecoin gets Sharia certified. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more […]
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A Malaysian MP has urged the government to wait and develop appropriate regulation before approving the political Harapan Coin cryptocurrency project. A Malaysian Member of Parliament has urged the government to implement proper cryptocurrency regulations before undertaking the Harapan Coin (HRP) cryptocurrency project, local English-language news daily the Star reported Nov. 14. Launched by “a […]
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The Ministry of Education of Malaysia is setting up a NEM blockchain-based university consortium to combat degree fraud. The Ministry of Education (MoE) of Malaysia is establishing a University Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8. According to the ministry’s tweet, the system is designed to issue […]
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We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s stabilizing mechanism. […]
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A recent analysis by online recruiting portal Glassdoor has noted an increase in blockchain-related job opportunities. A recent study by recruiting site Glassdoor published Oct. 18 found that crypto and blockchain-related job opportunities significantly increased in the U.S. this year, despite the slump in cryptocurrency prices. In the course of its analysis, Glassdoor examined a […]
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sponsored A blockchain-based platform backed by Jason Derulo, Manny Pacquiao, and Michael Owen aims to allow fans to engage with celebrities in new ways. A platform enabling celebrities to “cryptonize” their popularity on an exchange powered by blockchain, while giving fans the opportunity to connect and engage with their idols in new ways, has attracted […]
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Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. Reports in The Edge Markets on Friday (Oct. 5) said MyEG is rolling out “PayMe” software, a tool allowing employers to manage payroll functions, like overtime, more accurately. PayMe will first be introduced in a pilot phase in select markets, reports […]
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It may not be much of a surprise to see a store clerk accept payment via smartphone, but recently, mPOS solutions are seeing increased implementation, beyond their traditional use by brick-and-mortar businesses. The flexibility, portability and business management features have seemingly made mPOS solutions attractive to a variety of industries. As a result, mPOS solutions […]
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Welcome to The Axis, your late look at payments news from around the world. Coverage includes Marks & Spencer’s roll out of its “Mobile, Pay, Go” service in the U.K. In addition, Malaysia’s CIMB Bank is bringing multi-QR terminals to merchants, and First Abu Dhabi Bank (FAB) is using sound waves in a payment system. The […]
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