Tag: Malaysia

The State Of Cryptos In Malaysia

Malaysia is a Southeast nation that occupies parts of the Malay Peninsula and the Island of Borneo. It’s famous for its beautiful beaches, dense rainforests, and a mix of several cultural influences. Malaysia consists of 13 states and three federal territories, all separated by the South China Sea into two regions, Malaysia Borneo and Peninsular Malaysia. It has one of…

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Analysis – Southeast Asian Gold Market and Government Reserves

The precious yellow metal is fairly widely (although irregularly) distributed throughout Southeast Asia. The majority of the countries in this region actively mine gold both for the domestic and international markets. Also, gold plays a huge role in the cultures of these countries with it being used in various festive events and ceremonies. Below we take a look at the…

ASEAN: Governments and Cryptocurrencies

ASEAN, Association of Southeast Asian Nations, was originally formed in 1967 by five member nations, namely Singapore, Thailand, Malaysia, Indonesia, and the Philippines. The original 5 member alliance’s aim was to promote regional stability. Currently, ASEAN consists of 10 member countries. Brunei joined ASEAN in 1984, Vietnam joined in 1995, Myanmar and Laos joined in 1997, and Cambodia joined in…

Analysis – Malaysia Online Markets And Payments

The digital payments and online market industry in Malaysia is positioned for growth. This is currently made possible by increased internet penetration and high mobile cellular adoption. The total transaction value in the digital payments sector already amounts to about $5,018 million this year (2018). This transaction value is expected to show an annual growth rate of about 17.8% per…

Analysis – Gold And Blockchain Use In Malaysia

Malaysia is poised to achieve high-income status soon. A goal clearly stipulated in its vision for 2020. So far, it has the fourth largest economy in Southeast Asia and is ranked 38th in countries with the largest economies worldwide. With a population of about 32 million and an increasingly growing middle income class, Malaysia’s labor productivity is significantly higher than…

Malaysia and Fintech

The demand for FinTech (Financial Technology) has greatly grown in Malaysia, being fuelled by factors such as rapid adoption of technology, high internet penetration, and increased levels of mobile usage. The country’s conditions such as having a strong underlying market, a large population, and its B2C (Business to Consumer) business model has also offered great conditions for FinTech solution companies…

When ICOs Precede Regulation, Part 2

Since the launch of Initial Coin Offerings (ICOs) four years ago, the blockchain phenomenon has gained exponential attention, consequently exploding in value throughout 2017. Evidently, ICOs have enabled several companies to rapidly fund their ventures. In our last article, we reviewed and described how ICOs will likely change the world of crowdfunding and why it will likely disrupt the traditional…

DinarDirham’s First Gallery Opening

The treasured moments of our first Gallery opening, where you can purchase and exchange DinarDirham physical Gold and DinarCoins. It was a great day. On the 26th of November 2016, the official opening ceremony of Cooperative DinarDirham Berhad’s (KODINAR’s) building was held in Kuala Lumpur. The ceremony was completed by the Executive Chairman of the Malaysia Co-operative Societies Commission (SKM),…