This was the news we were all waiting for ! Finally Security Commisions has finally made it official as to which crypto - fiat exchanges can legally operate in Malaysia.
Only 3 named exchanges has been announce and all other exchanges has been given the order to cease all activities. The 3 approved ones are :-
- LUNO Malaysia
- Sinegy Technologies - they are also on steem @sinegy
- Tokenize Exchange
Congrats to these guys as I know they have worked very hard to get all the compliance documentation out.
Its really great news for Malaysia and we look forward in more growth in the crypto space and hope that more businesses takes advantage of this.
Once again .. i would love to wish all my Muslim friends
Selamat Hari Raya