Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

MoU Between Crypto Valley Malaysia, Blockchain Academy Asia & BitNicx Exchange
  • USA - English

BitNicx Exchange signs MoU with Crypto Valley Malaysia and Blockchain Academy Asia to Spearhead Sarawak into the Crypto and Blockchain Era


News provided by

Internet Marketing Company

Jan 04, 2019, 11:00 ET

Share this article

Share toX

Share this article

Share toX

(From left to right: Effendy Zulkifly, Douglas Bong, YB Lo Khere Chiang, Johnny Bong, Koh How Tze)
(From left to right: Effendy Zulkifly, Douglas Bong, YB Lo Khere Chiang, Johnny Bong, Koh How Tze)

KUCHING, Malaysia, Jan. 4, 2019 /PRNewswire-PRWeb/ -- BitNicx Exchange, the first homegrown peer-to-peer cryptocurrency exchange and marketplace in Malaysia founded by local Malaysians, signed a Memorandum of Understanding (MoU) with Crypto Valley Malaysia and Blockchain Academy Asia at Borneo 744.

The MoU was signed to establish a mutual working relationship between the parties. Blockchain Academy Asia will provide the relevant awareness and training to local Sarawakians, and Crypto Valley Malaysia will facilitate the movement of industry players and the community in Malaysia. With more use cases and success stories, it will create further high tech skill jobs locally, contributing part to both the state and the country's economic growth in terms of job creation and gross domestic product.

Present at the event were the founders of BitNicx Exchange, Johnny Bong and Douglas Bong, the CEO of Blockchain Academy Asia (BCAA), Effendy Zulkifly, and the co-founder of Crypto Valley Malaysia (CVM), Koh How Tze. The ceremony was witnessed by the President of the Padawan Municipal Council and Batu Kitang State Assemblyman, YB Lo Khere Chiang.

"This MoU marks another step in reaching out to more people through awareness and education, as this was the first time such MoU is being signed in Borneo. Blockchain and cryptocurrency will become something like email and social media of today in the near future, where they will be part of our daily life," says Koh Tze How of CVM. Koh further added, "As the community facilitator we will do our part in bridging whatever resources in our ecosystem that is needed to assist local startups to make it to the world stage."

"Malaysia actually has a lot of potential in the cryptocurrency market as the adoption rate of Cryptocurrency is still very low at the moment. One area for the growth of BitNicx could be in capturing the newcomers market with the help of industry players such as Crypto Valley Malaysia and Blockchain Academy Asia as the industry grows," says Johnny Bong of BitNicx Exchange.

BitNicx Exchange is set to be Malaysia's first homegrown peer-to-peer cryptocurrency exchange and marketplace founded by local Malaysians. The exchange is founded by Johnny Bong and Douglas Bong of Bong Technology Sdn Bhd. BitNicx Exchange is an escrowed peer-to-peer cryptocurrency exchange and marketplace where people can buy and sell Bitcoin and other cryptocurrencies easily and safely in Ringgit Malaysia with no capital deposits required.

About BitNicx Exchange

Bitnicx Exchange, http://www.bitnicx.com is the first homegrown escrowed peer-to-peer cryptocurrency exchange in Malaysia. It is set to launch on 1 March 2019. It is co-founded by Douglas Bong and Johnny Bong of Bong Technology Sdn Bhd. This company offers a platform for users to buy and sell Bitcoin and other cryptocurrencies securely and safely in Ringgit Malaysia with no capital deposits required. The company's vision is to become the largest cryptocurrency platform in Southeast Asia.

About Crypto Valley Malaysia

Crypto Valley Malaysia(CVM), https://cryptovalley.my/ is an independent organization located in Cyberjaya, Malaysia. They are on a mission is to build Asia's leading ecosystem for blockchain and cryptographic technologies. CVM is the second Crypto Valley Association in the world after Zug in Switzerland and first Crypto Valley in Asia.

About Blockchain Academy Asia

Blockchain Academy Asia (BCAA), http://www.blockchainacademyasia.io is a global research & development and educational institution established in 2018 with the purpose of educating everyone interested in cryptocurrencies, employees of banks and other financial institutions, professionals of fintech sector on all aspects of cryptocurrencies and blockchains.

Contact Person

Johnny Bong, Co-Founder of BitNicx Exchange
Phone: 01738430843
Email: [email protected]

SOURCE Internet Marketing Company

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.