“CoinDesk spoke to Colbert Low, the founder of local services and consultancy firm BitcoinMalaysia.com, about whether the central bank’s statement would change anything.  Low compared the BNM’s stance to that of the neighboring Monetary Authority of Singapore (MAS) last month. After originally warning investors to ‘be wary’ of bitcoin in September, the authority announced later it would not regulate it at all.  Malaysia shares similar traits with Singapore in that it has a healthy supply of young IT professionals (both on the hardware and software side) and also serves as a regional hub for financial services, making it attractive ground for digital currency developers as well.”

http://www.coindesk.com/malaysian-central-bank-no-plans-regulate-bitcoin/

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