The Securities Commission of Malaysia has approved Bitcoin Cash (BSH) as a digital asset in Malaysia, and this means Malaysians can soon start buying and selling BSH through SC’s approved list of cryptocurrency platforms or Digital Asset Exchange (DAX) – Luno, SINEGY and Tokenize.
BSH will be the 5th cryptocurrency approved in Malaysia after Bitcoin (BTC), Ethereum (ETC), Ripple (XRP) and Litecoin (LTC). Bitcoin Cash is seen as a appealing option to Bitcoin. The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can. 1 Bitcoin Cash is now about RM3,262.24.