(Bloomberg Opinion) Even without the war in Ukraine, correspondent banking using the SWIFT messaging system was going downhill. By cutting off some Russian lenders’ access to the communication channel, politicians have put central banks on notice.
CRYPTOCURRENCIES are still not recognised as legal tender in Malaysia as they do not exhibit characteristics of universal money, says Deputy Finance Minister II Yamani Hafez Musa.
PETALING JAYA: Cryptocurrencies are still not recognised as legal tender in Malaysia as they do not exhibit characteristics of universal money, says Deputy Finance Minister II Yamani Hafez Musa.