According to a notice from Malaysia's Securities Commission, 21 of the country's 43 digital asset exchanges will be forced to close after they failed to register by the 1 March deadline.
The ICO framework covers issuer eligibility, transparency in disclosures, and utilisation of proceeds. The property crowdfunding framework was first announced in Budget 2019.
BNM plans to introduce its policy on technology risk management in June, providing guidelines for financial institutions to combat the rising incidence of cybercrime.
Operators of electronic platforms for digital assets have until 1 March to submit an application to be formally recognised by the Securities Commission as market operators.
SC says Deloitte failed to immediately report irregularities which may have had a material effect on the ability of a 1MDB unit to repay bondholders. Deloitte is seeking a review of the decision.
Affin Hwang Investment Bank and Bursa Malaysia have formally launched a securities borrowing and lending facility for retail investors.
Crypto exchange operators are prohibited from accepting new clients and ongoing ICO projects must return all client funds, until the securities regulator is ready to formally authorise their activities.
NSE chairman Ashok Chawla was named in a charge sheet related to a bribery case involving telecom operator Aircel and its Malaysian investor Maxis.
The exchange has introduced market order at pre-closing, on-open orders, on-close orders, iceberg orders and one-cancel-other orders.
A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.