Securities Commission Malaysia ( SC ) has said it is " reviewing relevant regulations and guidelines " relating to cryptocurrencies as it works on a framework alongside the Bank Negara scheme . SC chairman Tan Sri Ranjit Ajit ##h said the two organisations were reviewing the " functional and effective use cases of digital assets in the capital market , including the secondary market trading of established securities and digital assets " . He added the support for FinTech which had begun a pilot programme to provide an industry blueprint for a blockchain - based network .
Securities Commission Malaysia (SC) has said it is "reviewing relevant regulations and guidelines" relating to cryptocurrencies as it works on a framework alongside the Bank Negara Malaysia. SC chairman Tan Sri Ranjit Ajit Singh said the two organisations were studying the "functional and effective use cases of digital assets in the capital market, including the secondary market trading of established cryptocurrency and digital assets". He added the Alliance for FinTech programme had begun a pilot project to provide an industry blueprint for a blockchain-based network.