Malaysia's Deputy Finance Minister: Crypto Not Suitable as Means of Payment or Store of Value
Noting that cryptocurrencies are not a payment instrument regulated by the central bank, Bank Negara Malaysia, the deputy finance minister said: “This is due to the state of digital assets which is exposed to volatility as a result of speculative investments,” he added. The deputy finance minister also explained that cryptocurrencies are not suitable as a means of payment because they “do not exhibit characteristics of money.”
Also, what is important is the huge impact on the environment because the electrical power that is used to process one bitcoin transaction can process 1.2 million Visa transactions.
Cryptos are regarded as securities and are regulated by the Securities Commission in Malaysia
Governments are not in obligation to make sense to you. So, anytime sooner or later bitcoin will disapear of the face of the planet. bitcoin is ponzi. bitcoin is worthless. bitcoin is nothing
axlinu AxlToken A NEW PROJECT WITH A POTENTIAL OF 1000X AXL IDO Launchpad comes with Fixed Staking TODAY🔥🤝 NFTs and Metaverse are coming soon💪💎 Floki Shib Doge babydog saitama
I thought it is. In some cases
But it works as a money
MATIC FINE 🌠💯 Airdrop MATIC oxPOLYBONUS
MATIC the best 👑 Free MATIC oxPOLYBONUS
POLYGON SUPER 📊✅ MATIC Giveawaay oxPOLYBONUS
thannnnnsk so much for this gift oxPOLYBONUS
POLYGON token BEST 👑 Bonus tokens POLYGON oxPOLYBONUS
Ingamba questo ministro direi visionario 🤣🤣🤣🤣
This person not even recognized by Malaysian coz i am Malaysian! Who's this? 😂😂😂 . So doesn't bother even if he wanna say btc is a ponzi scheme. GTH fcker.
Sanity prevails but you won't find this re tweeted too much 🙄
Ringgit is worst
Still searching for gems buy AxlToken Here are reason why 🤓 🔴Strong community 💪 🔴Doxxed Devs 🔴multi cex listing top teir coming. 🔴Staking & Farming Live 🔥 🔴Multi chain (ETH & BSC)⚕ 🔴Nfts and metaverse 🤑 🔴Tax fee🚫 🔴 Certik audit completed ✅ $Axl axlinu axl SHIB
Because they can't regulate it That's why is not good for mode of payment And store of value Bitcoin is the future and is Neutral
🚀Given that the importance of gaming currencies in the crypto currency universe is also increasing every day, nakamoto games are a good alternative in this sense Nakamoto $NAKA PlayToEarn P2E Metaverse GameFi
He simply said two lines without any genuine reason
Sharing NakamotoGames H1 2022 roadmap if you still haven't seen it! This team WILL over deliver 16 new P2E games launching Nakaverse develop and launch SDK Can't wait for 2022! $Naka will fly, have you packed those bags Nakafam?!
🔻More than PlayToEarn for pro gamers, combine and enhance your experiences with metaverse technology. 📍Become a member of the NAKAaRMY NakamotoGames NakArmy $NAKA PlayToEarn Metaverse Gamefi p2e
Yeah. Go against it.
Sharing NakamotoGames H1 2022 roadmap if you still haven't seen it! This team WILL over deliver 🔥 🔜16 new P2E games 🔜 launching Nakaverse 🔜 develop and launch SDK Can't wait for 2022! $Naka will fly, have you packed those bags Nakafam?!💰💥🌚🚀
A great leader would cancel the central bank and tell all the citizens and corporations to stack as much Bitcoin It would be the strongest nation on earth All. Thanks to bernie_Doranfx for making my bitcoin dream come through! I have added massively to my holdings Follow him
I see Bitcoin as ultimately a reserve currency for banks, playing much the same role as gold did in the early days of banking. So i advise you buy & trade for the future,i personally trade with signals from bernie_Doranfx & I've accumulated over 3BTC
the only problem is the loss of value between the real world and the virtual world, I had 1000 , today I only have 700, compared to the two worlds. for immediate use is risk, long term, it has been proven that it is valid in BTC
And almost nobody knows what is Malaysian money and noone can uses it outside of Malaysia
Sharing NakamotoGames H1 2022 roadmap if you still haven't seen it! This team WILL over deliver 🔥 🔜16 new P2E games 🔜 launching Nakaverse 🔜 develop and launch SDK Can't wait for 2022! $Naka will fly, have you packed those bags Nakafam?!💰💥🌚🚀
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »