Cryptocurrency Policy Document Issued By Bank Negara Malaysia

News, Regulation | February 28, 2018 By:

The Bank Negara Malaysia (BNM), the country’s central bank, has issued a document titled Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies.  

“The policy aims to ensure that effective measures are in place against money laundering and terrorism financing risks associated with the use of digital currencies and to increase the transparency of digital currency activities in Malaysia,” the central bank said.