The Securities Commission Malaysia (SC) published a statement supporting Prime Minister Dato’ Seri Anwar Ibrahim’s announcement, made during his official visit to Abu Dhabi, that Malaysia will explore a digital finance policy that recognises cryptocurrency and blockchain technology. The SC framed the initiative as aligned with its priorities to position Malaysia in the global digital finance landscape alongside the country’s broader digital transformation agenda. The SC noted it has been shaping the regulatory framework for digital assets, including cryptocurrency, since 2019, and described the regulated digital asset market as covering digital asset exchanges, initial exchange offering operators, fund managers and custody service providers. SC Chairman Dato’ Mohammad Faiz Azmi said the regulator is ready to work with relevant agencies, including Bank Negara Malaysia, to further develop Malaysia as an innovative and responsible digital finance hub.
Malaysia Securities Commission 2025-01-16
Securities Commission Malaysia welcomes Prime Minister’s move to explore a digital finance policy recognising cryptocurrency and blockchain
The Securities Commission Malaysia (SC) supports Prime Minister Dato’ Seri Anwar Ibrahim’s announcement to explore a digital finance policy recognizing cryptocurrency and blockchain technology. This initiative aligns with SC's priorities to position Malaysia in the global digital finance landscape. SC Chairman Dato’ Mohammad Faiz Azmi emphasized collaboration with relevant agencies to develop Malaysia as an innovative digital finance hub.