NGC Ventures Backs Crypto Platform XanPool’s Entrance Into India, Malaysia, Indonesia and Vietnam

Announcements, News | November 26, 2019 By:

Peer-to-peer crypto to fiat platform XanPool is mapping out its Asia blueprint with an expansion of its service offerings in India, Malaysia, Indonesia, and Vietnam.

Supported by investment firm NGC Ventures, XanPool is an omnichannel solution that enables both institutional and retail users to on and off board the crypto-economy,

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Malaysian E-Commerce Giant PUC Berhad Teams With Wanchain For Enterprise Blockchain Solutions

Blockchain, News | July 26, 2019 By:

Blockchain firm Wanchain has partnered with Malaysian firm PUC Berhad to incorporate blockchain solutions into PUC’s ecosystem for decentralized credit scoring, lending, and loyalty points.

Built in China and headquartered in Austin, TX, Wanchain’s platform connects and exchanges value between different blockchain ledgers in a distributed way.

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Securities Commission Malaysia Seeks Feedback On Regulatory Framework For ICOs

ICO News, News, Regulation | March 7, 2019 By:

The Securities Commission Malaysia (SC) is seeking public feedback on the regulatory framework for initial coin offering (ICO).

The regulator published the consultation paper on ICO to provide some background as to the nature of digital assets, some of the risks involved in investing in such digital assets and the proposed regulatory framework.

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Crypto Trading Platform Guidelines Introduced By Securities Commission Malaysia

News, Regulation | February 1, 2019 By:

The Securities Commission Malaysia (SC) has amended its guidelines on Recognized Markets to introduce new requirements for crypto trading platforms.

According to the amended guidelines, any person in Malaysia who is interested in operating a crypto trading platform is required to apply to the SC to be registered as a recognized market operator.

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Cryptocurrency Regulation Now In Effect In Malaysia

News, Regulation | January 15, 2019 By:

The Securities Commission Malaysia (SC) has announced that guidelines to regulate crypto trading and initial coin offerings (ICO) will go into effect today.

In a statement, Malaysian Finance Minister Lim Guan Eng said that digital currencies and digital tokens as defined in the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 were prescribed as securities and would be regulated by the SC.

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Malaysian Financial Watchdogs Issue Statement On Crypto Regulations

ICO News, News, Regulation | December 8, 2018 By:

The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM), the country’s central bank, have issued a joint statement to provide clarity on the regulation of cryptocurrencies in the country.

The SC and the central bank said that regulations are currently being put in place to bring digital assets within the remit of securities laws to promote fair and orderly trading and ensure investor protection.

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Malaysia To Release Crypto Regulation In Q1 2019

News, Regulation | November 28, 2018 By:

Malaysian Finance Minister Lim Guan Eng said that regulations for cryptocurrency exchanges and initial coin offerings (ICO) will come into force in the first quarter of 2019.

Speaking at the FinTech Conference 2018 organized by the Malaysian Securities Commission (SC), Lim said that the SC had given him an update that the regulations would be part of the commission’s efforts to facilitate alternative fundraising avenues and new investment asset classes.

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