Malaysia Pulse delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
Nearly 1,700 British investors have launched a High Court action against cryptocurrency exchange Binance, claiming the platform illegally marketed complex financial products that breached UK regulatory standards, seeking £150 million in compensation.
A consortium of 140+ companies including payment giants Visa and Mastercard, along with crypto exchange Coinbase, has launched Open Standard to issue Open USD, a new stablecoin pegged to the U.S. dollar, as the digital asset sector seeks mainstream adoption.
The cryptocurrency industry has invested $189 million in the 2026 US midterm elections, emerging as the largest corporate political spender. This spending surge reflects the sector's push for favourable legislation and comes after significant policy victories in 2024.
Ionic Digital, formed to acquire Celsius Mining's cryptocurrency operations, has filed for a Nasdaq direct listing. The move marks another recovery milestone in the troubled crypto lending sector following multiple 2022 bankruptcies.
Central Java police have arrested 39 suspects—Indonesians, Nepalese and Myanmar nationals—for running an international cryptocurrency investment scam targeting 133 victims in the United States, netting $2.32 million.
British lawmakers are pressing the Bank of England to soften its approach to stablecoin regulation, arguing that stringent rules could hamper the emerging sterling-backed digital currency sector.
The UK's Financial Conduct Authority has cautioned Premier League clubs against entering sponsorship agreements with unregulated cryptocurrency companies, warning of potential legal liability and money laundering exposure.
The United States has imposed sanctions on Nobitex, Iran's biggest cryptocurrency exchange, for allegedly facilitating transactions worth hundreds of millions of dollars for Iran's central bank and Islamic Revolutionary Guard Corps.
Once dismissed as a greater fool investment by Warren Buffett and Bill Gates, bitcoin has matured dramatically over eight years. With US$1.5 trillion market value and institutional participation, the cryptocurrency now resembles a regulated asset rather than a Ponzi scheme.
France's top markets regulator has warned crypto companies operating without EU licences face blacklisting and prosecution as stricter bloc-wide cryptocurrency rules take effect.