CYBERJAYA (Sept 13): CyberSecurity Malaysia has entered into an settlement with MX International Sdn Bhd to discover safety measures wanted behind cryptocurrencies and digital asset exchanges.
CyberSecurity Malaysia chief government officer Datuk Dr Amirudin Abdul Wahab stated the memorandum of understanding (MOU) signed by each events on Tuesday is to ascertain a basic framework for cooperation within the areas of the expertise behind cryptocurrencies and digital asset exchanges.
These embody collaboration in analysis and growth, joint resolution growth actions, and conducting coaching and consciousness programmes associated to cybersecurity, cryptocurrencies, and digital asset exchanges in Malaysia, he stated.
“The curiosity in cryptocurrencies is rising and the hype resulted in a rise in cyber-criminal assaults on numerous cryptocurrency exchanges,” stated Amirudin, who signed the MOU on behalf of CyberSecurity Malaysia, whereas MX International was represented by its CEO, Datuk Fadzli Shah Anuar.
MX International is a Kuala Lumpur-based fintech firm with a mission to create a extremely accessible and safe cryptocurrency buying and selling platform that enables retailers, shoppers, and merchants to transact cryptocurrencies.
It is likely one of the Recognised Market Operators-Digital Asset Exchanges which were granted full approval by the Securities Fee Malaysia.
Amirudin stated the MOU is legitimate for 2 years and through that interval, each events will develop the areas recognized by CyberSecurity Malaysia’s cryptocurrency division, specializing in blockchain expertise.
