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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 Market Peaks Under New US Policy Hopes


Bitcoin soared to a new record high of $89,599 early Tuesday, briefly surpassing $89,000, and pushing the overall cryptocurrency market value to an unprecedented level since the pandemic. This rally has accelerated since the US election, with Bitcoin climbing around 32% since November 5, spurred by the anticipated pro-crypto stance of President-elect Donald Trump.

With Trump promising crypto-friendly regulations and potential strategic reserves of Bitcoin, the market has seen a surge in speculative buying. His agenda contrasts sharply with previous regulatory crackdowns, igniting excitement across both large and small tokens and raising the crypto market's value to approximately $3.1 trillion, as reported by CoinGecko.

The optimism is evident in Bitcoin’s options market, with traders placing bets on the token surpassing $100,000 by year-end, according to Deribit exchange data. MicroStrategy, the largest corporate Bitcoin holder outside the ETF sector, recently added 27,200 Bitcoin (worth about $2 billion) to its holdings.

While the rally is undeniably strong, analysts such as Katie Stockton of Fairlead Strategies suggest that the recent sharp rise may lead to a consolidation phase. Nonetheless, Trump’s support has cemented Bitcoin as a cornerstone of the broader set of “Trump trades,” including advancing US stocks and the dollar, fueled by policies aimed at boosting economic growth and reducing regulations.

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