A concept paper on cryptocurrency will be finalised this month for public to decide on the future of such currency, says Bank Negara governor Muhammad Ibrahim. Bank Negara would also not ban cryptocurrency either but leave it to the market to decide on the fate of cryptocurrency. “By doing so, the public can decide on its own if they want to invest in cryptocurrencies,’’ he said. He said when facing changes, the scope for policy makers to take into consideration is even larger. He also said that policy makers should be protective and emphasis on independence execution.

Source: The Nation Bangkok February 11, 2018 04:30 UTC