Malaysian deputy finance minister responds to proposal to legalize Bitcoin By Cointelegraph
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An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like (BTC) as a payment method following recent crypto-friendly proposals by the deputy communications minister.
Malaysia has no plans to recognize BTC as legal tender, deputy finance minister Mohd Shahar Abdullah said in a parliamentary meeting on Thursday, according to a Bloomberg report.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like (BTC) as a payment method following recent crypto-friendly proposals by the deputy communications minister.
Malaysia has no plans to recognize BTC as legal tender, deputy finance minister Mohd Shahar Abdullah said in a parliamentary meeting on Thursday, according to a Bloomberg report.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.