SC registers 3 cryptocurrency exchanges

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They are Luno Malaysia Sdn Bhd, Sinegy Technologies (M) Sdn Bhd and Tokenize Technology (M) Sdn Bhd.

PETALING JAYA: The Securities Commission Malaysia yesterday announced that it has registered three Recognised Market Operators to establish and operate digital asset exchanges , or cryptocurrency exchanges, in Malaysia.

The new RMOs have been given up to nine months to fully comply with all regulatory requirements, SC said in a statement yesterday. DAX operators who have not been approved by the SC are required to cease all activities immediately and return all monies and assets collected from investors, SC warned.

 

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