Malaysian Securities Regulator Approves Crypto Trading Platform

in DLIKE • 4 years ago

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With the approval to operate a Digital Assets Exchange, the company's cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings.

Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC's regulation standards.



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