Tag "Securities Commission Malaysia (SC)"

Securities Commission Malaysia’s IEO Guidelines Comes into Force Today
Blockchain/Bitcoin

Securities Commission Malaysia’s IEO Guidelines Comes into Force Today

The Securities Commission Malaysia (SC) has revised its Guidelines on Digital Assets (Guidelines), which came into force today to regulate Initial Exchange Offerings (IEO) and Digital Asset Custodians (DAC). SC said that the Guidelines will facilitate the SC’s objectives in

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SC to Seek Feedback on Regulatory Framework for Digital Asset Wallet Providers
Blockchain/Bitcoin

SC to Seek Feedback on Regulatory Framework for Digital Asset Wallet Providers

The Securities Commission Malaysia (SC) is seeking industry feedback on the regulatory framework for digital asset wallet providers, which will complement the existing frameworks for Digital Asset Exchange (DAX) and Initial Exchange Offering(IEO). Digital asset wallet providers are entities that

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LaVida Coin Ordered to Cease Activities by Securities Commission
Blockchain/Bitcoin

LaVida Coin Ordered to Cease Activities by Securities Commission

The Securities Commission Malaysia (SC) has issued a notice for Dato’ Vida’s LaVida Coin to cease all promotional activities with immediate effect. This news follows the regulator’s previous announcement that it was reviewing LaVida Coin for possible breach of securities

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Securities Commission Malaysia Welcomes New Applications for ECF and P2P Lending
Regtech/Regulation

Securities Commission Malaysia Welcomes New Applications for ECF and P2P Lending

The Securities Commission Malaysia (SC) has announced that it welcomes new applications for Equity Crowdfunding (ECF) and P2P lending. This follows their previous call for more industry participation during their Annual Report press conference earlier this year. This announcement signals

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SC Opens Up Application For New P2P Lending and ECF Players
Crowdfunding Lending

SC Opens Up Application For New P2P Lending and ECF Players

Tan Sri Ranjit Singh announced that the Securities Commission Malaysia will be widening access to alternative based investing avenues like Peer-to-peer (P2P) lending and Equity Crowdfunding as a part of their continued effort to democratise access to investment and fostering

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What Are Malaysia’s Top 5 Banks Doing About Fintech?
Banking Digital Transformation

What Are Malaysia’s Top 5 Banks Doing About Fintech?

With the wave of new fintech companies entering Malaysia, a question that often pops up in conversation is whether the banks are asleep on the wheels or are they actively beefing up their tech portfolio in response. The Fintech News

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Fintech in Malaysia 2018 – January News Roundup
Blockchain/Bitcoin Crowdfunding Lending Malaysia Payments

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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CopyCashCoin Ordered by Regulator to Cease and Desist in Malaysia
Blockchain/Bitcoin Regtech/Regulation

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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Fintech Malaysia 2017 in Review
Malaysia

Fintech Malaysia 2017 in Review

The year 2017, has been an interesting year for the Fintech Malaysia scene, while there’s been progress in this scene in the past few years it was really in 2017 that we see fintech being increasingly mainstream in the Malaysian

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Securities Commission Malaysia Regulatory Sandbox Calls for Participation
Regtech/Regulation WealthTech

Securities Commission Malaysia Regulatory Sandbox Calls for Participation

The Securities Commission Malaysia (SC) today announced that parties interested in establishing and operating an Alternative Trading System (ATS) in Malaysia can apply to participate in the Securities Commission Malaysia regulatory sandbox sessions. The Securities Commission Regulatory sandbox will be

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