Malaysia: Adopted SCM Guidelines on Digital Assets
Description
Adopted SCM Guidelines on Digital Assets
On 28 October 2020, the Securities Commission Malaysia (SCM) adopted the Guidelines on Digital Assets pursuant to section 377 of the Capital Markets and Services Act 2007 (CMSA). These Guidelines mandate registration for issuers seeking to raise fun…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body