2023-5-22 13:02 |
Securities Commission Malaysia has ordered Huobi Global to stop all activity after failing to register to operate in the country. origin »
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Malaysia, home to beautiful beaches, stunning rainforests and the famed Petronas Towers, has now joined the ranks of Huobi and its growing influence on pan-Asian cryptocurrency adoption. Malaysia, home to beautiful beaches, stunning rainforests and the famed Petronas Towers, has now joined the ranks of Huobi and its growing influence on pan-Asian cryptocurrency adoption.
2020-11-28 17:33 | |
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According to a press release received by AMBCrypto, an independent trading platform licensed under the Huobi brand, Huobi Labuan, a localized crypto-exchange for the Malaysian market, is launching witThe post Huobi launches 'localized' crypto-exchange for Malaysia's locals appeared first on AMBCrypto.
2020-11-27 19:40 | |
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One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by investing in Tokenize Xchange.
The strict financial regulator in Malaysia is trying to help the local fintech industry scale up and attract new investors. As part of that trend the Malaysia Securities Commission is recognizing the right of cryptocurrency exchanges such as Luno to serve local customers.
Malaysia’s capital markets regulator has warned all unregistered crypto exchanges doing business in the country to end operations and give back investor funds. In a press release, Securities Commission Malaysia indicated that only three digital asset exchanges were registered in the country.
Malaysia’s securities watchdog will have powers to regulate digital asset offerings and crypto exchanges from tomorrow.
Malaysia’s securities regulator and central bank are to strengthen their scrutiny of initial coin offerings (ICOs) through new rules meant to eliminate issues of unfair trade practices and alleged risk of money laundering and terrorism financing.