Would you care to share your thoughts on this? Will this really be a window for significant growth of Bitcoin or crypto adoption in this Southeast Asian country?
Malaysia has a big plan to go digital and this is can be the underlying reason for the limit of the use of the fiat money, of course aside from those cited in the said policy. Now, we are looking at this as a catalyst for the people to be adopting cryptocurrency as part of the digitalization of this country. How is this going to affect Bitcoin that remains to be seen. We are hoping that people will be looking to Bitcoin as a good alternative to the Malaysia ringgit in doing their digital transactions and even in usual day-to-day lives. I am not from Malaysia so I am just commenting here as an outsider.