Bank Negara Malaysia (the central bank of Malaysia) has published an Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies. The document sets out the minimum requirements that a reporting institution must observe to increase the transparency of activities relating to digital currencies, such as Bitcoin, to ensure effective and robust AML/CFT control measures to mitigate risks of utilization for illegal activities. The Bank said it has taken into consideration feedback received during a public consultation that was initially released in December of 2017. (more…)
By Phil Glazer @ MGV. Previously @KKR_Co & @UCBerkeley
This piece reviews valuation models used for traditional asset classes like equities, bonds, and real estate, then reviews models that may be useful in valuing cryptocurrencies. This piece is the first in a series of pieces exploring ways to think about valuing cryptocurrencies — follow on Medium to stay updated. This piece will cover cryptocurrency valuation models proposed by other writers and future pieces will propose novel valuation models.