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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 Nears $90,000 as Crypto Market Hits New Peak Amid Trump-Driven Rally

Bitcoin’s rally surged close to $90,000 on Tuesday, with the overall cryptocurrency market surpassing its pandemic-era high as investors anticipate a favorable climate under President-elect Donald Trump. Bitcoin has jumped 32% since the US election on Nov 5, reaching a record of $89,599.

Trump’s promises, including potential crypto-friendly policies and establishing a strategic Bitcoin reserve, have boosted market optimism. This marks a shift from previous regulations, sparking speculative buying across large and small tokens, lifting digital assets' value to $3.1 trillion.

Options trading shows bets that Bitcoin could top $100,000 by year-end, with increasing institutional interest in Bitcoin futures. MicroStrategy, a major corporate holder of Bitcoin, added about 27,200 tokens (worth roughly $2 billion) to its holdings recently.

The rally’s momentum has stirred talks of possible corrections, but confidence remains strong, with Bitcoin up 110% in 2024. The shift in Trump's stance has fueled demand, making Bitcoin a standout among “Trump trades” that include US stocks and the dollar.

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