Importance Notice About
New Account Registration
Dear valued customer,
We refer to the Capital Markets and Services ( Prescription of Securities ) ( Digital Currency and Digital Token ) Order 2019 (PO) which came into force on 15th January 2019. With the coming into force of the PO, both digital currencies and digital tokens ( collectively referred to as “digital assets” ) are prescribed as securities for purposes of securities laws.
In statement issued Securities Commission Malaysia (SC) confirms that they are indeed developing a regulatory framework for both ICOs and digital asset exchanges which will come into effect in the 1st quarter of 2019. As such, the operation of any platform which facilitates the trading of any digital assets will require authorization from SC and compliance with the relevance guidelines issued under the security law.
Kindly be informed, we have suspend our new account registration starting from 15th January 2019. Once the new regulatory framework is set up, we will apply for a government license. We will keep you updated on our progress as we have many plans for in the future .
We appreciate your continuous support and we apologize for any inconvenience caused.