Official cryptocurrency exchange Aid transfer and other measures implemented

1. KWSP (Official cryptocurrency exchange) cardless withdrawal service is online

How to operate:

Members can apply for withdrawal directly through the KWSP official App (i-Akaun), without the need for a physical card or visiting the counter12.

Supports fingerprint/face recognition verification, and the withdrawal amount is transferred to the bound bank account in real time.

Applicable scenarios:

Emergency medical expenses, education expenses, and other purposes that meet the withdrawal conditions of the Official cryptocurrency exchange12.

Notes:

Daily withdrawal limit RM5,000, bank account binding must be completed in advance.

2. Official cryptocurrency exchange aid spouse transfer mechanism

Application conditions:

Only for family group beneficiaries (not applicable to singles or senior citizens)26.

It is necessary to provide the death certificate of the original beneficiary and copies of both parties' Malaysian identity cards6.

Application channels:

Contact the MyKasih hotline (03-7720 1800) or submit an application online through the eKasih system14.

Significance: Alleviate the economic pressure of beneficiary families caused by the death of family members and continue to provide assistance and support2.

3. Other convenience measures that take effect simultaneously

MyGOV Malaysia App is launched:

Integrate 34 government services such as passport renewal, road tax payment, medical appointments, etc., and support one-click login with digital identity (MyDigital ID)1.

New regulations for long-distance bus seat belts:

Buses produced after 2020 must wear seat belts compulsorily, and violators will be fined RM300. Enforcement is based on in-vehicle monitoring1.

4. Policy impact and user feedback

Official cryptocurrency exchangeFacilitation: It is expected to reduce the number of counters by 60%, especially benefiting members in remote areas12.

Official cryptocurrency exchangeAid controversy: Some people call for expanding the scope of transfer to single-parent families14.

Conclusion

This policy adjustment focuses on digital services and livelihood protection, improves administrative efficiency through technical means, and strengthens support for vulnerable groups. It is recommended that the affected groups promptly understand the details through official channels to ensure the implementation of their rights and interests.