Malaysian Securities Commission issues revised digital asset guidelines
Regulation for initial exchange offerings and digital asset custodians comes into force today. The Securities Commission Malaysia has issued revised guidelines governing digital assets, effective as of Oct. 28. These are intended to regulate initial exchange offerings, or IEOs, and digital asset custodians.According to the SCM, the rules aim to promote “responsible innovation in the digital asset space, while at the same time managing emerging risks and safeguarding the interests of issuers and investors.”As Cointelegraph reported, the SCM first published a regulatory guide for IEOs back....
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New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.
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