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According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT

Malaysia

Most Read

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