The Malaysian government still has not decided whether to legalize crypto-currencies, according to local newspaper New Straits Times.
The Minister of Federal territories , Khalid Abdul Samad (Khalid Abdul Samad), answering the question whether currently the digital currency in the country is legal, said:
“At the moment the answer is neither legal nor illegal, as the situation is still unclear”.
At the beginning of last year, the country’s Central Bank — Bank Negara Malaysia — said that he did not intend to ban cryptocurrencies, although not recognizes them as legal tender. As noted by the then Bank Governor Muhammad Ibrahim (Muhammad Ibrahim), “we will provide the opportunity for an artist to decide whether they want to invest in cryptocurrency”.
Later, Bank Negara issued a guidance document on digital currencies, but he touched the problems of the prevention of money laundering and financing of terrorism through new assets. Against the ban of cryptocurrencies spoken and the Ministry of Finance of Malaysia.
It is noteworthy that before Khalid Abdul Samad suggested that the Central Bank and the government to use for government transactions cryptocurrency Harapan Coin. On the question of the fate of the project, the official said that now “the question is not within its competence” because he was the Minister of Finance, and was appointed Minister of Federal territories.
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