Malaysia: Adopted SCM Guidelines on Digital Assets
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body