Malaysia Proposes Regulatory Enhancements for Digital Asset Exchanges

According to Foresight News, the Malaysian Securities Commission has proposed a series of regulatory improvements aimed at strengthening the framework for digital asset exchanges (DAX) in the country. These changes are intended to expedite the token listing process and enhance investor protection measures. The proposed amendments include allowing certain digital assets to be listed on DAX platforms without prior approval from the commission, provided they meet minimum qualification requirements. Additionally, the commission plans to introduce stricter governance and operational control requirements for DAX operators, which will include mandatory segregation of client assets. These initiatives are part of a broader effort to ensure a robust regulatory environment for digital asset trading in Malaysia, balancing the need for innovation with the protection of investors.