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bro, Malaysia’s crypto scene wilding with minors stealing electricity like it’s free NFTs, Tenaga losing mad cash to secret Bitcoin miners, they need to tighten up those regulations ASAP before they FOMO too hard and NGMI!
An industry report by Access Blockchain Association of Malaysia warns that illegal electricity usage by minors and unclear policies may hinder Malaysia’s cryptocurrency potential. Huge losses incurred by Tenaga Naséal Berhad reveal the extent of illegal Bitcoin mining activities plaguing the country. Despite significant expertise and a promising location, Malaysia must address internal issues to benefit from cryptocurrencies. The report emphasizes the need for a regulated environment to transform illegitimate activities into taxable income.
Gaps on exploitation and illegal policies enhance the growth of Malaysia cryptography
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