Malaysian Central Bank Loves Crypto Innovation! Or is it a trap?
Malaysia will be laying off the cryptocurrency ban and the government has decided to not bad or recognize cryptocurrency. So essentially, Malaysians are still allowed to trade crypto. The government just refuses to recognize it as fiat currency, which is a lot of the other governments approach. What makes Malaysia particularly interesting is the response from the Central bank of Malaysia, specifically Muhammad Ibrahim, the governor.
When I posted a different video on the topic, it got a lot of comments on it and one of them suggested that this could be a trap to find out who has crypto and who's involved in the space and then to retroactively punish them. In my opinion, we don't really know and we can't really say. This is good news that there will be no Malaysian ban because it seems our Asian and Pacific Islander brothers and sisters are lovin' the crypto juice and the government might be getting the crypto fever too! Let me know what you guys think in the comments below :) looking forward to hearing from you!
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Interesting! Positive news for sure. They're probably seeing how much dough Singapore is making : )
Haha. Good point. "Let's get in on that crypto! Look at the Philippines, Japan and Korea!"
That is good news. It's funny all these governments going back and forth on crypto is just good advertising.
There is no such thing as bad publicity ;-)
Haha! Very true my brotha! Any publicity is good publicity. Can't wait to see what will happen to the crypto world when China turns its policies around.
Upvoted for that cool photo of true :)
#onelove #dtube
Shoutout to Malaysia!!! This is exactly what we need. I'm glad that the minister understands the experiment of adopting new technologies. I wish my government could have this kind of foresight..
I think it's a trap, because governments are centralized and were never issued to be on the side of the majority..
Yeah go Malaysia!!! Good news for all of us in the crypto world :) I hope it's not a trap because the Government would benefit of being one of the early adopters of this great technology :D
Steem on! You get an upvote from me!
#onelove #dtube
Much love @altcoinpost I really appreciate it. You get my vote too stunner..
Much love back my brotha 💯
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This is absolutely insane. #dtube - that's all I can say
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