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Rules for cryptocurrency exchanges, ICO in force by Q1 of 2019, says Guan Eng


Finance Minister Lim Guan Eng says rules for cryptocurrency exchanges, ICO in force by Q1 of 2019.

Finance Minister Lim Guan Eng says rules for cryptocurrency exchanges, ICO in force by Q1 of 2019.

KUALA LUMPUR: The regulations for digital asset or cryptocurrency exchanges and initial coin offerings (ICOs) will come into force by first quarter of 2019, says Finance Minister Lim Guan Eng.

He said on Wednesday the Securities Commission (SC) had given him an update that the regulations would be part of the SC's efforts to facilitate alternative fundraising avenues and new investment asset classes. 

Corporate News , Cryptocurrency

   

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