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Thursday

02 April 2020

Malaysia Looks to Tie Token Offerings to Exchanges

Malaysia Looks to Tie Token Offerings to Exchanges


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Following the US SEC’s investor alert against Initial Exchange Offerings (IEO’s), Malaysia’s regulator has published a regulatory guide requiring token offerings in the country be attached to exchanges.

Issuing digital tokens in the country without SC approval is illegal.

Operators looking to trade digital assets must be registered as Digital Asset Exchange platform operators — more commonly known as crypto exchanges.

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