Malaysian Central Bank warns against Bitcoin use

The Liberty Beat

By: Derrick Broze

On Friday the Malaysian central bank joined the Central Bank of China in warning against the use of the popular crypto currency Bitcoin. A statement from the Central Bank states, “The public is advised to be cautious of the risks associated with the usage of such digital currency.” A similar stance has been taken by the Monetary Authority of Singapore and the Bank of Thailand has issued an outright ban.

Recommended Posts