Malaysian Securities Commission issues revised digital asset guidelines

Cointelegraph

Published Oct 28, 2020 08:42AM ET

Updated Oct 28, 2020 10:40AM ET

The Securities Commission Malaysia has issued revised guidelines governing digital assets, effective as of Oct. 28. These are intended to regulate initial exchange offerings, or IEOs, and digital asset custodians.

According to the SCM, the rules aim to promote “responsible innovation in the digital asset space, while at the same time managing emerging risks and safeguarding the interests of issuers and investors.”

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