Kuala Lampur, Feb. 13 -- Imagine a world where sending money is as easy as texting your friend - no banks, no borders, just instantaneous. Cryptocurrencies (e.g. Bitcoin, Ethereum, and Dogecoin) are taking us a leap towards this new paradigm.

The World Bank estimates there are 1.4 billion unbanked adults worldwide, with 2.9 million of them in Malaysia.

Recently, following discussions with the Abu Dhabi government and cryptocurrency technology giant Binance, Prime Minister Datuk Seri Anwar Ibrahim announced that the Malaysian government is working on a policy for digital finance, exploring the integration of cryptocurrency and blockchain technology.

Cryptocurrencies offer a potential solution for financial inclusion but also raise juris...