RM16b worth of digital asset traded in Malaysia as of last month

OVER 300,000 new accounts have been opened on digital assets trade in Malaysia worth RM16 billion in value as at September 2021, despite market uncertainties, said Securities Commission (SC) chairman Datuk Syed Zaid Albar.

 

The figure attributed to the growing popularity of digital assets, with the number of new accounts created to trade digital assets increasing by nearly 35% since January, with nearly 60% of new accounts opened by investors under the age of 35.