What are the digital currency companies in Malaysia
Generally, the excellent digital currencies are mostly imported procts, such as bitcoin, Leyte coin, ether coin and so on. However, the domestic Yuanbao coin, Ruitai coin, bitcoin and the tokens of different crowdfunding projects of European crowdfunding are excellent digital currencies
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digital currency (English: digital currency) is an alternative currency in the form of electronic currency. At present, no central bank of any government has indicated that it will issue digital currency, and digital currency does not have to have a benchmark currency and a central bank
it is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography
29 well-known companies in the world hold more than US $30 billion in digital assets
recently, a new trend has emerged, because many well-known companies have decided to use bitcoin (BTC) for reserves rather than traditional assets. After MicroStrategy bought $250 million worth of BTC, the trend became popular. Soon after, the company continued to buy more bitcoin. After several purchases, MicroStrategy has increased its holdings to 70470 BTC or. 336% of its supply. After the acquisition of MicroStrategy, square Inc. and other companies began to acquire. And ruffer investments joined the bitcoin buying trend
according to bitpointstudies.org, a portal, many companies hold more than 1.1 million bitcoins or more than $30 billion worth of encryption assets. After MicroStrategy, a billion dollar company, bought $250 million worth of bitcoin in August, the large amount of bitcoin reserves held by well-known companies began to expand. Now 29 companies hold cryptocurrency instead of traditional reserves such as stocks and cash
so far, a total of 29 companies have been listed on bitpointresearches.org, which divides all companies into three different parts. Publicly traded, private and ETF like holders
mining Corp., Voyager digital Ltd., riot blockchain, Inc., bit digital, Inc., coin citadel Inc., advanced bitcoin Technologies AG, digitalx, hive blockchain, cypherpunk Holdings Inc., big digital assets Inc, The 15 publicly traded companies, Argo blockchain and frmo Corp., have a total market value of about 100003 and 160; BTC, the private company holding bitcoin funds, includes four private companies, including mtgox KK, block.one, tezos foundation and stone ridge holdings group. Among the reserves of all four companies, the total market value of private companies is 317383-160 more than that of listed companies; BTC
at the bottom of bitpointstudies.org, there are nine ETF like holders, including grayscale bitcoin trust, coinshares, ruffer investment, 3iq the bitcoin fund, grayscale digital large cap, bitwise 10 crypto index fund, WisdomTree bitcoin, 21shares AG, etc & 160; Group's bitcoin ETP
including tahini & x27, a Canadian restaurant chain; S and snappa, a Canadian graphics software company. Tahini's restaurant chain revealed that it converted all of its cash reserves into BTC, while snappa said it spent 40% of its cash reserves on bitcoin transactions. Mogo, a Canadian listed company, has just announced that it will invest 1.5% of its reserves in bitcoin and plans to buy more next year. When tahini decided to tell his financial adviser that he would buy bitcoin immediately, he suggested using gold. The owner of the restaurant said the precious metal gold has become a reliable haven
the company tweeted: &“ We looked at our financial adviser and told him that because of bitcoin, gold would become a scam. " Tashini added: "he laughed and condescended back to the 6000 year argument."
domestic digital currencies include Ruitai, vitality, Yuanbao, bitcoin, etc
foreign procts include bitcoin, lightcoin, Ethereum, dogcoin, reborn coin and so on.
Bank of Malaysia: it does not recognize or prohibit the public from deciding on the future of virtual currency
the president of the National Bank of Malaysia, dansri Muhammad Ibrahim, said that the concept document of cryptocurrency will be finalized this month, and the future of the virtual currency will be decided by the public
he mentioned that Malaysia's response is slightly different from that of some countries that have decided to ban cryptocurrency. Malaysia will not ban cryptocurrency at present, but let the market decide the future of cryptocurrency. The key is that our country must understand what is inside it
however, on September 28, Dato Mohamad zabidi bin Ahmad, senior director and global head of CIMB, Malaysia's second largest bank, attended the launching ceremony of an exchange called "urcoin" and publicly expressed the bank's support for it
It can be seen from this that although Malaysia does not affirm digital currency as its legal tender, it has selected some projects to support it, observe its development and prepare for the future legislationit is suggested to pay more attention to the mainstream digital currencies such as bitcoin, Ruitai coin, Laite coin and vitality coin.
needless to say, bitcoin has been widely recognized and accepted in the world. Dog Coin focuses on small rewards and charitable donations; Decent is a distributed content publishing platform based on blockchain technology.
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response time: January 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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