Quote from: Reatim on November 07, 2017, 11:18:56 AM

Quote from: goldchain on November 07, 2017, 11:05:26 AM

Hmm, there are more and more countries planning regulatory framework for cryptocurrencies. I don't know, whether it's good or bad for the development of cryptocurrencies in near future... Huh

I guess its good, at least they would allowed for cryptocurrencies to flourish in their country as compare to those nation who have already put a total ban on it. It will also give a lot of Malaysians opportunity to earn with cryptocurrency because they have already doing it ever since bitcoin and cryptocurrency started. Just check their local boards its been very busy. So for me its a welcoming news that they would put a regulations around it and not a total ban.

I totally agree with you here. The main reason why the Securities Commission of Malaysia is taking a strict enforcement on Cryptocurrency, maybe, it's due to the enormous number of money games that already scammed countless of investors inside the country. As a result, the Malaysia's government regulates the cryptocurrency for the good of their citizens.