On March 21, the Ministry of Communications and Multimedia Malaysia suggested that digital currencies such as cryptocurrencies should be used as legal tender to help the younger generation who are actively using cryptocurrencies on NFT trading platforms.
Malaysia’s Deputy Minister of Communications and Multimedia said the ministry will look into ways to increase the participation of young people in digital currencies as this is the future of finance. We want the government to allow and legalize it so we can increase the uptake of cryptocurrencies among young people.