TechFlow news, July 1 — According to Crowdfundinsider, the Securities Commission Malaysia (SC) released a consultation paper on July 1 proposing comprehensive reforms to the digital asset exchange (DAX) regulatory framework. The new rules would allow eligible digital assets to be listed without prior approval, while requiring exchanges to enhance governance standards, mandate client asset segregation, and meet higher financial thresholds. This move aims to accelerate token listing processes, expand product offerings, and strengthen investor protection. Digital asset trading in Malaysia reached a record 13.9 billion ringgit (approximately $2.9 billion) in 2024, double the previous year. The public consultation period will remain open until August 11, 2025.
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