Malaysia will adopt a daily rate for the ringgit against the US dollar in an attempt to promote domestic financial markets in line with global best practices.
Jun 27, 2016
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*Malaysia establishes fintech group
*Singapore builds "sandbox" for fintech
*UK warns on burdens to fintech companies
*Europe wants hands off on blockchain
The Reserve Bank of India issued guidelines for its new receivables discounting system; Russia passes laws protecting in-country financial services, such as auditing; Thailand's issues new capital registration rules.