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Malaysia Central bank not acknowledges Bitcoins as a legal currency another strick on virtual money

The central bank expects mining investment to shrink much faster next year, given "a significant decline in the planning and development work that is a precondition for new projects". Malaysia's palm oil supply will see little impact despite a skeletal workforce as the country begins a two-week restricted movement order to curb the spread of the coronavirus, planters said. On Thursday, the commodities minister confirmed that palm plantations, millers and refineries would be exempt Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more The People’s Bank of China halted operations for digital currency trading platforms in Beijing and Shanghai in mid-September over concerns that the unregulated markets could pose major financial risks. Growth in cryptocurrencies such as bitcoin – the biggest digital currency by market capitalisation – has been explosive but volatile. Get the latest science news and technology news, read tech reviews and more at ABC News.

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Malaysia Central bank not acknowledges Bitcoins as a legal currency another strick on virtual money

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. The Malaysian central bank has become the latest to warn against the use of bitcoin in a statement released last Friday (Jan 3). "The Bitcoin is not recognised as legal tender in Malaysia," the ...

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