Malaysia has launched the Digital Asset Innovation Hub programme, which will act as a regulatory sandbox to enable fintech and digital asset companies to test new technologies under the supervision of the country's central bank. Prime Minister Anwar Ibrahim announced the initiative at the Sasana 2025 Symposium in Kuala Lumpur on Tuesday. He described the hub as the "start of a new chapter" in Malaysia's digital economy. Ibrahim detailed that the sandbox will allow programmable payments, ringgit-...
The Malaysian Internal Revenue Board (IRB), in collaboration with the Royal Malaysian Police and the Malaysian Cyber Security Agency (CSM), recently launched a special operation codenamed'Ops Token 'to address tax losses caused by cryptocurrency transactions. The scheme involved 38 personnel and was executed at 10 locations in the Klang Valley. The area includes Kuala Lumpur and the Federal Territory of Putrajaya, as well as neighbouring cities and towns within the state of Selangor. During this...