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Crypto Money Laundering in Malaysia Remains Low, Says Deputy Finance Minister

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Crypto Money Laundering in Malaysia Remains Low, Says Deputy Finance Minister
CRYPTOCURRENCY,MONEY LAUNDERING,MALAYSIA

Deputy Finance Minister Lim Hui Ying stated that the use of cryptocurrencies for money laundering in Malaysia is low, citing findings from the latest Virtual Assets Risk Assessment conducted by the National Coordinating Committee for Anti-Money Laundering (NCC). This assessment involved observations from the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM). The government's strategy for controlling cryptocurrency is through the imposition of reporting obligations on all registered Digital Asset Exchanges (DAX). These DAX operators are also regulated by the SC. To ensure effectiveness, relevant strategies and action plans have been discussed and will be detailed through the NCC platform.

: Hasil dapatan menunjukkan penggunaan mata wang kripto sebagai antara medium untuk mencuci duit di Malaysia adalah rendah, kata Timbalan Menteri Kewangan Lim Hui Ying.

Beliau berkata demikian pada sesi penggulungan Rang Undang-Undang Pencegahan Pengubahan Wang Haram, Pencegahan Pembiayaan Keganasan dan Hasil Daripada Aktiviti Haram 2024 di Dewan Negara hari ini. “Piawaian FATF merupakan saranan bagi sesuatu negara mencegah dan membanteras risiko pengubahan wang haram/pembiayaan keganasan/pembiayaan percambahan .

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