CoKeeps gets greenlit as digital asset custodian

Suhanna: We are committed to working closely with the SC to ensure that our DAC solution meets the highest regulatory standards

KUALA LUMPUR: Homegrown startup CoKeeps has received approval from the Securities Commission to be Malaysia's first qualified Digital Asset Custodian (DAC).

The recognition from the SC qualifies CoKeeps to offer a third-party service in the safeguarding of cryptocurrencies in a regulatory complaint manner, it said in a statement.