Regulation Of Digital Asset Offering And Trading In Malaysia

INTRODUCTION

The blockchain technology has introduced the world to a digital distributed record-keeping system that is nearly impossible to hack. This nascent technology underlies the very creation and the implementation of digital assets by recording their provenance. Blockchain-powered digital assets are currently being offered and traded on various platforms, and with more entrepreneurs and investors showing interests in the market, countries worldwide are prompted to regulate the offering and trading of digital assets. In Malaysia, the offering and trading of digital assets as securities is regulated by the Securities Commission Malaysia ("SC").

THE REGULATORY FRAMEWORK OF DIGITAL ASSETS IN MALAYSIA