Malaysia Looks to Tie Token Offerings to Exchanges
Cointelegraph
Published Jan 15, 2020 04:41PM ET
Updated Jan 15, 2020 06:22PM ET
Malaysia Looks to Tie Token Offerings to Exchanges
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.
A report from Malaysia’s Securities Commission (SC) makes clear that digital tokens are to be used only for goods and services and within strict guidelines, which will take effect late 2020.
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Written By: Cointelegraph
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