Blockchain/Bitcoin

Securities Commission Malaysia Seeks Feedback for ICO Regulation

In recognition of the growing public interest in ICOs, its increasing popularity among business seeking to raise funds and a need for a well regulated space, the Securities Commission Malaysia  (SC) has issued a consultation paper to seek the public feedback

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22 Crypto Exchanges Now Seeking Approval from Securities Commission Malaysia

Securities Commission Malaysia has unveiled the list of crypto exchanges that have opted to continue operations following its earlier imposed deadline for exchanges to seek regulatory approval by 1st March 2019. Out of the 42 exchanges who were in the

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Meet the 56 Cryptocurrency Exchanges in Malaysia Registered with BNM

  Update: As of March 2019, all cryptocurrency exchanges operating in Malaysia needs to be regulated by Securities Commission Malaysia. All the companies listed below with the exception of the 3 approved by Securities Commission Malaysia has been ordered to

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SC Finally Reveals its Anticipated Regulations for Crypto Exchanges

January has been no picnic for Malaysia’s crypto-exchanges, with the possibility of RM10 Million fine and 10 years jail time looming over them ever since the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 was

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Malaysia’s Blockchain Industry Responds to SC’s Stance On Crypto

They say it’s always darkest before the dawn. That is just an enigmatic way to say that industry confusion is to be expected in the interim of the Securities Commission’s (SC) reveal of cryptocurrency regulations—at least for those that fall under

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SC Malaysia Clarifies: A Crypto-Asset is Only A Security if Used in Specific Ways

Due to confusion that has come out regarding cryptocurrency within the past few weeks, the Securities Commission Malaysia has invited Fintech News Malaysia over to clarify on certain positions it holds regarding digital assets. One of the biggest revelations is

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SC Imposes Deadline For Crypto Exchanges Before They are Deemed Illegal

The issue of digital currency and assets regulation came into mainstream focus when Finance Minister Lim Guan Eng announced that Order 2019 will activate starting from the 15th January 2019. Soon after, the Securities Commission (SC) issued their own statement about the

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SC Provides Update on LGE’s Digital Currencies and Tokens Announcement

Following the statement by the Minister of Finance YB Lim Guan Eng on the coming into force of the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019, the Securities Commission Malaysia (SC) clarified that

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LGE: RM10 Mil Fine & 10-Year Jail Time for Crypto-Exchanges Operating Without License

Finance Minister Lim Guan Eng announced that Order 2019 would be effective starting from Tuesday (15th January 2019). This means that anyone caught operating unauthorised initial coin offerings (ICOs) or digital asset exchanges face a 10-year jail sentence and an

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After Horse Currency, Now Country Heights’ New Project Is the Unicorn Wallet for Crypto

Following the announcement of Dato’ Lee Kim Yew’s Horse Currency meant to serve as something of a rewards programme for Country Height’s various properties, the tycoon returns to fintech headlines with a related venture—a crypto-wallet. Named the Unicorn Wallet, Lee Kim

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