Andrea
Sat Jan 18 2025
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7 answers
1742
Which Malaysian coins are issued by Bank Negara Malaysia?
The user wants to know about the Malaysian coins that are issued by Bank Negara Malaysia, specifically which coins are they.
Daniele
Sun Jun 09 2024
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5 answers
965
Is crypto illegal in Malaysia?｜1. Is cryptocurrency legal in Malaysia? In Malaysia, cryptocurrencies are legal and classified as securities under Order 2019, but they are not recognized as legal tender or payment instruments by the country's central bank, Bank Negara Malaysia.
Could you clarify for me, is cryptocurrency considered legal in Malaysia? I've heard conflicting information and I'm not quite sure what the current stance is. I understand that cryptocurrencies are categorized as securities under Order 2019, but does this automatically mean they're legal? Also, could you elaborate on Bank Negara Malaysia's position? I've heard they don't recognize it as legal tender or payment instruments. Could you explain what that means in practical terms? Thank you for your assistance in clarifying this matter.
