Kuala Lumpur, 16 January 2025
The Securities Commission Malaysia (SC) welcomes the Prime Minister Dato’ Seri Anwar Ibrahim’s announcement, mentioned during his official visit to Abu Dhabi, to explore a digital finance policy that recognises cryptocurrency and blockchain technology.
The initiative is in line with the SC’s key priorities to position Malaysia as a key player in the global digital finance landscape, complementing Malaysia’s digital transformation agenda.
The SC Chairman, Dato’ Mohammad Faiz Azmi said that the SC has been actively shaping the regulatory landscape for digital assets, including cryptocurrency, since 2019.
Since then, the regulated digital asset market comprises a diverse range of players including digital asset exchanges, initial exchange offering operators, fund managers and custody service providers.
“We are ready to work with all relevant agencies, including Bank Negara Malaysia, to further develop Malaysia as an innovative and responsible digital finance hub,” he said.
SECURITIES COMMISSION MALAYSIA