Tag "ICO"
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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7 Fishy Things We Noticed When Looking into Dato’ Vida’s LaVida Coin
The LaVida Coin is the latest ICO launched by Datuk Seri Hasmiza Othman or better known as Dato’ Vida, beauty mogul and a divisive figure in Malaysia. Perhaps because of Dato’ Vida’s reputation as a successful businesswoman, the LaVida Coin
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Securities Commission Takes Action Against Unauthorised P2P Platform LendingStar
The Securities Commission Malaysia (SC) has ordered LendingStar to cease all activities with immediate effect, in a directive issued on the 23rd of July 2018. SC’s decision follows an inquiry which revealed that LendingStar is not registered to run in a recognised
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Is Khalid Samad’s Harapan Coin ICO Legitimate?
Both the political and the cryptocurrency spheres alike are talking about the Harapan Coin, a donation token endorsed by Khalid Abdul Samad—our current Federal Territories Minister. It was created as a fundraising coin for the Pakatan Harapan coalition to combat
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Fintech in Malaysia 2018 – January News Roundup
Malaysia’s fintech scene is becoming increasingly active, it is sometimes difficult to keep track of all the important events, we figured it might be useful to our readers to do a summary. Here are some news roundup for the month
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EY’s Study Shows Big Risks in the ICO Market
A lack of fundamental valuation and the due diligence process by potential investors is leading to extreme volatility of the initial coin offering (ICO) market, according to new research published by EY. The research also found that in some cases
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Malaysian Regulators: Raising ICOs in Malaysia Could be an Offense
In a joint-statement issued by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) today, the regulators stated that Initial Coin Offering (ICO) schemes may fall under the jurisdiction of the regulators. Both the regulators warned ICO issuers that carrying
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CopyCashCoin Ordered by Regulator to Cease and Desist in Malaysia
Following earlier reports of the Securities Commission Malaysia’s (SC) query into the CopyCashCoin ICO the regulator has directed CopyCash Foundation to immediately cease and desist all its proposed activities including a purported plan to launch an Initial Coin Offering (ICO)
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Securities Commission Malaysia Queries CopyCashCoin ICO
Following media reports on the Singapore based CopyCash launch of its CopyCashCoin ICO next week, which claims to be the world’s largest blockchain-based social travesting platform, Securities Commission Malaysia has issued a statement to caution investors against being exposed to heightened
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