Malaysian central bank says received 29 bids for digital banking licenses

by Aurelia Butler 2 July 2021, 10:21 129 Views

KUALA LUMPUR (Reuters) – Malaysia’s central bank has received 29 applications for digital banking licenses, it said on Friday.

The applicants include banks, industry conglomerates, technology firms, e-commerce operators, fintech players, cooperatives and state governments, Bank Negara Malaysia said in a statement. The central bank plans to issue up to five licenses in the first quarter of 2022.

Source: Economy - investing.com

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Malaysian central bank says received 29 bids for digital banking licenses

COVID Delta variant worries bubble to the surface in some asset prices

Ethereum balance on exchanges drop to historic low, reduces risk of major sell-off

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