🐘 Malaysia to regulate ICOs as securities offerings from Tuesday
As of Jan. 15th, the Malaysian Securities Commission (SC) will have full authority to regulate digital asset offerings and crypto exchanges. All new operations will have to apply to the SC and follow regulations such as anti-money laundering and counterterroism financing (AML/CFT) laws. The SC will also work with the Malaysian central bank towards a full legal framework by the end of Q1 2019.
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