To many, cryptocurrency is a new trendy investment scheme that is a must have for their portfolio. However, it has been around for more than 10 years. In 2021 over 60% of Malaysians mentioned that they are keen to invest in crypto.
The Jabatan Siasatan Jenayah Komersial PDRM has released information that only Bitcoin, Ethereum, Ripple and Litecoin are legal in Malaysia. The rest are not stated in the document. Luno, Sinegy and Tokenzie are the only safe and government approved platforms for Crypto.
There is even a government hotline for those curious to know or report any crypto scammers out there. This proves that cryptocurrency, whether you like it or not, is here to stay for the long haul, even governments cannot ignore it.
