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Bitcoinist 2019-11-13 20:13:22

Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit

The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year. Deputy Governor Datuk Abdul Rasheed Ghaffour said all transactions that involve physical cash payments, including payments of goods and services, as well as transfers between two parties, would fall under the newRead MoreThe post Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit appeared first on Bitcoinist.com.

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