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Author Topic: What do you think about the legalization of bitcoin in Malaysia.  (Read 769 times)
bit-freedom
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October 29, 2017, 06:48:42 PM
 #41

It is great that Malaysia government is considering to legalise Bitcoin. Happy to see one more country accepting Bitcoin. I know about Bitcoin acceptance in its neighbour countries such as Singapore and Philippines, didn’t see it coming from Malaysia so soon.

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October 29, 2017, 06:58:09 PM
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In this morning, i saw a news on the bitcoin-news's Facebook post regarding on the legalization of bitcoin in Malaysia. The Bank Negara Malaysia which is the central bank of Malaysia is planning to develop a framework (something like guidelines) to regulate the usage of cryptocurrencies to protect the people that involving in cryptocurrencies's sector as Malaysia's bitcoin trader and miner are increasing. So what do you think about it? Is it an interesting development for the future of bitcoin and the usage of bitcoin in Malaysia?

If this is true then it will give an impact to the development of bitcoin. But one thing that take into my consideration is due to the fact that Malaysia is my neighboring country. If Malaysia will legalize bitcoin I am sure my government will start to think to take the same action as Malysia did. that's what I look forward to since a long time!

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