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Expert calls for interagency, intergovernmental cooperation to regulate crypto industry
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Expert Urges Global Cooperation to Regulate the Crypto Industry
The most prominent Malaysian exploration in the cryptocurrency sphere, Vincent Fong, asks the government, as well as the interagency, cooperation to form a more effective regulation of the crypto market. Countries such as Singapore and Hong Kong had established superior guidelines on stablecoins, an aspect that Malaysia is missing. The push by Fong occurs when crypto-related investment scam has skyrocketed with more than RM200 million in losses …
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