Showing posts from May, 2021

Bitcoin ATMs are coming to a gas station near you

NEW YORK, March 15 — A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash. The machines have multiplied quickly through the United States over the past year, fueled by a frenzy in crypto trading that sent bitcoin prices over US$58,000 (RM238,409). Kiosk operators such as CoinFlip and Coin Cloud have installed thousands of ATMs, scouring areas competitors have not yet reached, executives told Reuters. “I just assumed there was demand and people wanted bitcoin everywhere,” said Quad Coin founder Mark Shoiket, who flew to Montana after scanning a US map for bitcoin ATM deserts. During a week-long road trip, he found seven places to install machines, including 406 Glass, a store in Billings, Montana, that sells tobacco, vape juice and colorful glass pipes. As of January, there were 28,185 bitcoin ATMs i

Is Cryptocurrency Halal in Malaysia?

Despite the growth of cryptocurrencies around the world, the digital assets investment is still low among Muslim countries including Malaysia, as people are wary of its compliance with the Islamic law. Securities Commission Malaysia (SC) Shariah Advisory Council chairman Datuk Dr Daud Bakar said investors and people in the country need more time to understand cryptocurrency from the Shariah perspective. Pic by Bloomberg This comes after the council, in July, advised that it is permissible for Muslim to invest and trade cryptocurrencies on registered crypto exchanges. Daud said as cryptocurrency is not regarded as a legal tender, it is a legit commodity that can be exchanged within the market, as long as it is not backed by “ribawi items” like gold and silver — which are generally used as currency to measure value of items for sale and purchase. “It is a medium of exchange, and we cannot stop people to use commodities as medium of exchange. It is as good as buying an e-ticket or commodi


Following the coming into force of the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 on 15 January 2019, and the subsequent issuance of the revised Guidelines on Recognized Markets on 31 January 2019 to introduce new requirements for DAX operators, the SC has now registered three Recognized Market Operators (RMOs) to establish and operate digital asset exchanges in Malaysia. Entities which have not been approved by the SC, including those which have previously been operating under the transitional period, are required to cease all activities immediately and return all monies and assets collected from investors. These lists will regularly be updated and members of the public are encouraged to refer to these lists when dealing with digital asset exchanges. (Updated list as of 5 May 2021) 1. Luno Malaysia Sdn. Bhd. Level 11, Menara KEN TTDI, No. 37, Jalan Burhanuddin Helmi, Taman Tun Dr Ismail, 60000 Kuala Lumpur 2. SINEGY Techno

7 Top EMBA Degrees in Malaysia 2021

If you're looking for the best EMBA in Malaysia , you've come to the right place. Executive MBA programs are designed for working executives, managers, entrepreneurs, and other business leaders who have many years of work experience, to gain an MBA whilst still working for their companies. Courses are typically explored from a management perspective and are often scheduled at night and on the weekends to accommodate working professionals. Below is a list of executive MBA programs in Malaysia. We have gone beyond and shortlisted a list of top 7 recommended MBA programs so that it's easier for you to choose. The list is based on Google Search Results and information available on blogs, reviews sites and forums. The recommended MBA programs have been arranged in no particular order. Check out the list below. #1. Master of Business Administration Open University Malaysia The MBA programme is designed to enhance student's managerial skills and capability in managing organisa