Malaysian Securities Regulator Registers Three Cryptocurrency Exchanges

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.

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Singapore’s iSTOX to Launch a Regulated Digitized Securities Platform in 2020

Capital markets platform iSTOX has joined Singapore’s regulatory sandbox to launch digitized securities trading in late 2019, the firm announced in a tweet on May 24.

Following its addition to the Monetary Authority of Singapore (MAS)’s FinTech Regulatory Sandbox on May 1, the Singapore-based company will start providing service for the trading of digitized securities starting from Q4 2019,

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US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws

Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security.

The bill was initially proposed last December by Reps. Warren Davidson (R) and Darren Soto (D),

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Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities

Thailand’s National Legislative Assembly has officially allowed the issuance of tokenized securities on blockchain, major newspaper The Bangkok Post reports on Friday, Feb. 22.

The government will amend the Securities and Exchange Act, according to the article. As soon as the changes come into effect later in 2019, tokenized securities such as stocks and bonds can be officially issued on blockchain.

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JPMorgan Securities Exec: 'Blockchain Is Still Far From Institutionalization’

Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an interview on the “Bloomberg Daybreak: Americas” television show on Feb. 7.

Chang noted that blockchain adoption — if not yet institutionalized — is being spearheaded by industries with particular characteristics where the technology can bring real and immediate backend efficiency gains.

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Philippines' Proposed ICO Rules Presume All Tokens Are Securities

The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings (ICOs).

To that end, the country’s Securities and Exchange Commission (SEC) published draft rules governing ICOs on Thursday, and is now seeking public feedback before they can go into effect.

The regulations notably assume that tokens issued in all ICOs are securities by default unless the issuers can prove otherwise.

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Vietnam's Securities Regulator Warns Industry to Avoid Crypto Activities

Vietnam’s securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.

In an announcement this week, Viet Nam News reported Wednesday, the State Securities Commission (SSC) said firms should avoid issuance, transactions or brokerage of cryptos, adding that they must observe laws on money laundering.

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Vietnam’s Securities Watchdog Bans Industry from Cryptocurrency Activity: Report


The State Securities Commission of Vietnam (SSC), the country’s stock market watchdog, has reportedly forbidden industry firms from engaging in cryptocurrency-related activities.

Vietnam’s official state news agency is reporting that the country’s securities markets watchdog has ‘required’ the industry to not partake in “any issuance, transaction or brokerage activities related to cryptocurrencies” in a circular to all relevant institutions.

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