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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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Bitcoin Hits Record High as Trump’s Election Boosts Crypto Optimism



Bitcoin surged to a record above US$82,000 on Monday, fueled by expectations of a crypto-friendly regulatory environment following Donald Trump’s presidential election victory. Trump has championed digital assets, vowing to make the US the "crypto capital of the planet" and to build a national bitcoin stockpile.

The world’s largest cryptocurrency, bitcoin has more than doubled from this year’s low, reaching US$82,236 after touching a peak of US$82,527. Crypto stocks also surged, with Coinbase Global up over 16% and Riot Platforms gaining more than 10%.

The crypto industry heavily backed pro-crypto candidates in Congress, leading to wins in key states and potentially easing regulatory scrutiny. Trump’s stance signals a shift from the SEC’s recent tight regulation under Chair Gary Gensler, whom Trump has pledged to remove.

ETF inflows hit a record with US$1.38 billion pouring into bitcoin ETFs post-election, driven by rising investor confidence. Deutsche Bank analyst Marion Laboure noted that Trump’s pragmatic crypto approach may lead to “regulatory clarity” and “broader mainstream adoption.”

Additionally, other cryptocurrencies rallied: Ether surpassed US$3,200 for the first time in months, while Dogecoin reached a three-year high.

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