Chinese Investors Allocate $30 Million Crypto Investment for Malaysian Startup

Chinese Investors Allocate $30 Million Crypto Investment for Malaysian Startup

A Malaysia-based company, SIM Chain confirmed to receive approximately $30 million worth of crypto investment. The CEO of SIM Chain, Chia Kheng Choon stated that the fund received in cryptocurrencies would be used in funding its investment at over 100 business sectors. Chia then commented, “(The legality of) cryptocurrency is subjective. It’s not legal internationally.”

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