Malaysia should adopt Bitcoin and other cryptocurrencies as legal tender, the deputy minister of the Communications and Multimedia Ministry said.
“We hope the government can allow this,” Zahidi Zainul Abidin said in Parliament on Monday, responding to a question from an opposition member of the legislature.
So far, El Salvador is the only country to adopt Bitcoin as legal tender — and with mixed success. A survey of companies by its Chamber of Commerce published this month found that just 14% had transacted in Bitcoin since September, when El Salvador recognized it as legal tender.
Malaysia’s Communications nd Multimedia Ministry oversees the digital and broadcasting sectors, with…
