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On 4 november 2013, bank negara malaysia (bnm) met with local bitcoin proponents to learn more about the currency but did not comment at the time. The verification process on cex.io is quite extensive which makes it one of the most secure exchanges on the planet. Is bitcoin legal in malaysia? The central bank does not regulate the operations of bitcoin. The malaysian economy is a strong one based tech product exports. In 2020, the international monetary fund stated that the economy of malaysia is the 6th largest in southeast asia and the 39th largest economy in the world. In 2020, bitcoin is still the largest by market capitalization, with a market cap of about $170 billion. With over three million users, cex.io is the simplest and most popular exchange for citizens in malaysia to buy cryptocurrencies.
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'legal tender' refers only to the. The securities commission malaysia has approved three bitcoin exchanges that are recognised as registered digital marketplaces: Kuala lumpur is the first petrol station to accept bitcoin in malaysia. The central bank does not regulate the operations of bitcoin. With over three million users, cex.io is the simplest and most popular exchange for citizens in malaysia to buy cryptocurrencies.
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