News & Reviews:   dogecoin

If you’re a Twitter user, then you’ve definitely noticed something different about the platform recently. In the latest of many changes since Elon Musk’s takeover, the iconic Twitter bluebird logo has now been changed to the Shiba Inu meme, the same being used as the cryptocurrency Dogecoin’s symbol.

It looks like Malaysia won’t be recognising cryptocurrency as legal tender anytime soon as despite the urging to do so by the Ministry of Communications and Multimedia (K-KOMM). Previously, K-KOMM deputy minister called crypto ‘the future of finance’ and urged for the relevant authorities to held discussions in order to legalise it.

However, the proposal was unceremoniously turned down by the Ministry of Finance (MOF) confirmed that the federal government has no intention of recognising crypto as legal tender. This was asserted by the ministry’s first deputy minister, Shahar Abdullah in the Dewan Rakyat yesterday.