A Bit(coin) of a Hidden Gem
- “When it comes to crypto, Malaysia is a bit of a hidden gem”, says Hann Liew, Co-founder & CEO of 500-backed digital fund management platform Halogen Capital, noting that Malaysia ranks among the top 10 countries globally for crypto mining and trading.
- He explained that Malaysia offers a friendly environment for long-term crypto investors. Halogen Capital built a platform to invest in crypto using a unit trust structure — giving them access to tax protections, which for now, means you can invest in crypto entirely tax-free.
- He also touched on the growing excitement around blockchain and tokenization in the country. On one hand, there is talk of getting traditional assets like stocks and bonds on the chain and traded around the clock. On the other hand, blockchain technology is being explored to make government and financial services faster and more efficient.
- With only a finite number of Bitcoins to mine and millions stuck in landfills in mistakenly discarded hard drives, is there a supply crunch coming? And what does it mean for price?
- “Supply is only one side of the equation. Demand is a very big driver of price,” he opined, adding that retail investor interest is still relatively quiet at the moment — which, based on past trends, might actually be a sign that prices could rise soon.
- Watch the full interview on Do More.