Tag: malaysia

Jul 19 2021

Steamroller Rig Destroyer: Malaysian Police Crush 1,069 Bitcoin Mining Rigs

After miners allegedly siphoned off nearly $2 million worth of electricity to fuel the energy-intensive bitcoin mining rigs, Malaysian police seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller. Bitcoin Mining Rigs Destroyed Authorities in Malaysia destroyed Bitcoin mining equipment worth more than $1.2 million after seizing them for operating illegally. Police in the city of Miri on the...

Feb 18 2021

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

Feb 18 2021 Published at CoinDesk under tags  crime malaysia mining news policy & regulation

Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.

Feb 08 2021

Malaysia’s Kenanga Investment Bank Acquires 19% Stake in Tokenize

The financial firm entered into a conditional agreement to invest in crypto trading services provider Tokenize Xchange.

Feb 02 2021

Malaysia Pair Face Caning for Alleged $37K Bitcoin Fraud

Feb 02 2021 Published at CoinDesk under tags  bitcoin crime malaysia news policy & regulation

If convicted, the two men face a maximum of 10 years in prison, caning and fines.

Jan 15 2021

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Jan 15 2021 Published at CoinDesk under tags  bangladesh business malaysia news payments

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Nov 27 2020

Huobi-Branded Crypto Exchange Launches for Malaysian Market

Nov 27 2020 Published at CoinDesk under tags  business coinflash exchanges huobi malaysia

Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.

Nov 23 2020

China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond

The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.

Oct 28 2020

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