PETALING JAYA: Digital asset custodian company Gambit Custody Sdn Bhd has received an in-principle approval from the Securities Commission for its Digital Asset Custodian or DAC licence, pending the fulfilment of regulatory requirements within the next six months.
The company said in a statement that the conditional approval granted yesterday paved the way for it to begin operations, commenting that licensed digital asset custodians had at present emerged as a critical component of the emerging digital asset landscape.
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