Facebook’s Libra is here, so will we see another Zuckerberg’s “move, fast and break things” approach?

The launch of Facebook’s new cryptocurrency Libra has caused mixed sentiments between both supporters and opponents of the new cryptocurrency. The positive sentiment doesn’t seem to go well for the regulators. In just 24 hours, United States, United Kingdom including other G7 countries have announced that Libra will be subject to the financial regulations. In…

What will happen to the unlicensed crypto exchanges in Malaysia?

Last week before the Eid break, the Securities Commission announced the result of the first round of crypto exchanges in Malaysia. The three successful applicants are Luno, Sinegy and Tokenize. The statement doesn’t say how many applicants actually applied for the licence. However, according to FintechNews.my, a Malaysian based fintech news site, claimed that 19…