Fasset, a Malaysian fintech firm, has received a provisional license to launch a digital bank operating under Islamic finance principles. This innovation combines the credibility of a global […]
Malaysia Embarks on First Sharia-compliant Digital Banking Journey with Fasset’s Launch
Fasset has received preliminary approval to launch Malaysia’s first stablecoin-backed, Sharia-compliant digital bank. The Labuan Financial Services Authority (Labuan FSA) granted the license on October 7, 2025, enabling […]
Digital Transformation Drives Malaysia’s Financial Sector to New Heights
Malaysia’s financial industry is experiencing a rapid transformation fueled by digital innovation and evolving consumer demands. Institutions are embracing modern technologies like mobile banking, online platforms, and cloud […]
Malaysia’s SkyeChip Launches Revolutionizing Edge AI Processor
In the rapidly evolving world of artificial intelligence, edge AI processing is a key driver in unlocking innovation across various sectors. Malaysia has taken a significant step towards […]
Malaysia Launches Ryt Bank: AI-Powered Digital Banking with 4% Interest Rates
Malaysia has launched Ryt Bank, a new digital banking platform powered by artificial intelligence (AI). This innovative offering promises up to 4% annual interest rates and instant credit […]
Malaysia Launches First Locally Designed AI Chip – MARS1000 Signals Shift Towards Innovation
Malaysia has taken a significant step into the global artificial intelligence landscape by launching its first locally designed processor, the MARS1000. This move marks a departure from Malaysia’s […]
Malaysia’s Online Poker Faces Legal Uncertainty, Crypto Use Soars
Despite a legal gray area surrounding online poker in Malaysia, the industry continues to flourish, fueled by international platforms and cryptocurrency adoption. Players are finding ways around existing […]
Malaysia Eases Regulatory Hurdle for Ethereum Custody
In a significant development for the Southeast Asian crypto scene, Malaysia has eliminated the need for prior Securities Commission (SC) approval for Ethereum custody services. This deregulation paves […]
Malaysia Investigates Bitcoin & XRP for Future Currency Use
The Bank Negara Malaysia (BNM), the central bank of Malaysia, has released a working paper exploring the potential use of cryptocurrencies like Bitcoin (BTC) and Ripple (XRP) as […]
Malaysia Loses Billions to Illegal Crypto Mining
Malaysia is facing a major financial loss as illegal crypto mining operations drain the country’s electricity grid. The government estimates losses of over 3.4 billion ringgit (around USD […]
Malaysia’s Crypto Mining Potential Unfulfilled by Illegal Activity
A new report from the Access Blockchain Association of Malaysia highlights the missed economic opportunity in the country’s crypto mining sector. While illegal miners are driving substantial losses, […]
Shocking Rise in Electricity Theft: Crypto Mining Fuels Surge in Malaysia
Malaysia is facing a significant surge in electricity theft, with illegal cryptocurrency mining operations playing a major role. The nation’s power utility provider, Tenaga Nasional Berhad (TNB), has […]
Malaysia’s Electricity Theft Soars as Crypto Mining Spikes
Illegal cryptocurrency mining is behind a significant surge in electricity theft cases in Malaysia, according to Odaily. The country has seen a staggering 300% rise in these thefts […]
Malaysia Dismantles Illegal Bitcoin Mining Operation, Seizing Equipment & Highlighting Electricity Theft
Malaysian authorities have dismantled illegal Bitcoin mining operations in the Hulu Terengganu and Marang regions. The operation, carried out by police and the Special Engagement Against Losses (SEAL) […]
Malaysia Police Raid Illegal Bitcoin Mining Operation, Seize Equipment
Malaysian police have launched a crackdown against illicit Bitcoin mining activities in the Hulu Terengganu and Marang regions of the country. On April 30th, authorities conducted raids at […]