Strict Malaysian Regulator Approves Three Cryptocurrency Exchanges

2019-6-5 15:20

By CCN: Malaysia’s Securities Commission (SC) has registered three cryptocurrency exchanges allowing them nine months to achieve compliance with regulatory standards. Malaysia has been strict with its regulation of cryptocurrency exchanges previously.

These three are the first, and only, registered to operate in Malaysia legally. The three exchanges registered are Luno Malaysia, Sinegy Technologies, and Tokenize Technology. State of Cryptocurrency in Malaysia Malaysia is currently one of the few South East Asian nations not to have a clear and defined stance on digital currency. Nobody is quite sure when a decision will be made, and nobody is sure if crypto

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