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Malaysia’s Finance Minister: Crypto Regulation to be Enforced in Q1 2019
Malaysian Finance Minister Lim Guan Eng has revealed that a new set of comprehensive regulations guiding the activities of crypto exchanges and ICOs will come into effect in Q1 2019. Speaking in Kuala Lumpur on Wednesday at the FinTech Conference 2018 organised by Malaysia’s Securities Commission, he revealed that the new regulations are part of efforts by the Malaysian Securities Commission (SC) to catalyse the growth of alternative fundraising and investment in new asset classes. Making the announcement while delivering the keynote address at the event, he stated that the system jointly developed by Bank Negara ... (full story)