Expert calls for interagency, intergovernmental cooperation to regulate crypto industry
PETALING JAYA:
A cryptocurrency expert is urging collaboration between government agencies and international bodies to strengthen regulatory oversight of the digital asset industry.
The call comes amid a surge in financial fraud and cybercrime linked to cryptocurrencies.
Vincent Fong, chief editor of Fintech News Malaysia, acknowledged that Malaysia was among the early movers in developing regulatory frameworks for cryptocurrency but said the country was now lagging behind its counterparts in several key areas.
He said…
