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Malaysia’s Securities Commission Gives Tokenize Xchange The Green Light

Source Node: https://insidebitcoins.com/news/malaysias-securities-commission-gives-tokenize-xchange-the-green-light/256551
Time Stamp: April 4, 2020 8:55 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The 3rd of April, 2020, marked the end of a nine-month probationary period that the Malaysia based crypto trading firm, Tokenize Malaysia, had gone through. Within this time, the company managed to gain full approval from Malaysia’s securities watchdog, the Securities Commission, or SC.Gaining Approval To Start TradingWith the approval given for the company to operate a Digital Assets Exchange, its namesake crypto trading platform, the Tokenize Xchange, has now gained the full legal support and regulation it needs. This was reported on SoyaCincau, a local news outlet, on the

Malaysian Securities Regulator Approves Crypto Trading Platform

Source Node: https://cointelegraph.com/news/malaysian-securities-regulator-approves-crypto-trading-platform
Time Stamp: April 3, 2020 3:22 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings.Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards.Commenting on the development, Hong