Malaysia: SCM Guidelines on Digital Assets
Progress
Current status
adopted
19 Aug 2024 adopted
Scope
Implementers
Malaysia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Adopted SCM Guidelines on Digital Assets
On 19 August 2024, the Securities Commission of Malaysia adopted the guidelines on digital assets. The guidelines classify digital currencies and tokens as securities under the Capital Markets and Services Act. The guidelines contain provisions on f…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body