Malaysian Securities Regulator Registers Three Cryptocurrency Exchanges

Published: June 27, 2019 | by Bitcoin Press News Team

The Securities Commission Malaysia (SC) has registered cryptocurrency exchanges Luno Malaysia, Sinegy Technologies and Tokenize Technology, according to a press release on June 4.

Crypto exchanges are reportedly required by law to register with the SC, and the recently-approved exchanges will have up to nine months to achieve compliance with the SC’s regulation standards.

In a statement shared with Cointelegraph, Luno stated that the aforementioned three exchanges are the only registered digital asset exchanges to operate in Malaysia. Luno General Manager of Southeast Asia David Low said: “We’ve been working closely with regulators and banks to complete the groundwork for the […]