Pratik Gandhi, COO and co-founder at Nium, said: More countries are turning to Nium to bring their legacy systems into the modern age. We enable money to move around the world - instantly, easily, and securely - while helping businesses position themselves for more opportunities in the digital future. The real-time payments in Malaysia, as…
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Malaysia is taking new steps to enhance the growing popularity of virtual banks and the benefits they can offer to customers. The country's central bank, Bank Negara Malaysia (BNM), will issue up to five licenses to digital banks in Malaysia. BNM is currently working on releasing the "Exposure Draft on Licensing Framework for Digital Banks", or…
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Government officials for developed countries have had major problems when having to adjust to the reality of cryptocurrencies in the past few years. Countries with developing economies, however, tend to be more fragile, sensitive to change, and have overreacted on many occasions. China has banned cryptocurrencies. India has what amounts to a “quasi-ban” since its…
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The Malaysian Straight Times is reporting that a group of Malaysian investors is now seeking answers after they thought they were investing in a reliable FX trading strategy from a company called RCFX but, in the end, failed to get their promised returns. The group claimed they have been cheated out of RM703,000 Malaysian Ringgit…
Read moreThe money broking license offered by LFSA Malaysia is quite unique in many ways as it is the only license in Asia which authorizes an STP-only business model.
Read moreOctaFX, a retail brokerage registered in St Vincent and the Grenadines which concentrates on business in the Asia Pacific region, has been granted a regulatory license by Britain's Financial Conduct Authority
Read moreThe establishment of the office in Kuala Lumpur follows Dukascopy Bank's growth across many regions with the opening of Shanghai, Moscow, Hong Kong and Kiev offices, and it is part of the global expansion strategy of Dukascopy Group.
Read moreWith emerging markets in the Asia Pacific region and the Indian Subcontinent remaining the focus of many retail FX firms, Alpari courts the Eastern markets by adding language support for India and Indonesia
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