<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 23):&nbsp;The Securities Commission Malaysia (SC) is seeking industry feedback on the regulatory framework for digital asset wallet providers, which will complement the existing frameworks for the Digital Asset Exchange (DAX) and Initial Exchange Offering (IEO).</p></div>

<div class=newsTextDataWrapInner><p>Once finalised, the regulatory framework for digital asset wallet providers will be included as part of the Guidelines on Digital Assets (Guidelines).</p></div>

<div class=newsTextDataWrapInner><p>According to a statement today, the regulator defines digital asset wallet providers as persons who provide custody or storage services on behalf of digital asset owners.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Such providers play an important role within the ecosystem in safeguarding digital assets of clients. In this regard, existing digital asset wallet providers or any interested parties are requested to contact the SC for an engagement on their current business operations and/or to provide any feedback on the framework for digital asset wallet providers," it said.</p></div>

<div class=newsTextDataWrapInner><p>Existing providers and interested persons should contact the SC to arrange for an engagement session not&nbsp;later than Aug 14.</p></div>


The Securities Commission Malaysia (SC) is seeking industry feedback on the regulatory framework for digital asset wallet providers, which will complement the existing frameworks for the Digital Asset Exchange (DAX) and Initial Exchange Offering (IEO).

SC seeks industry feedback from digital asset wallet providers

(April 24): Firms making up more than half of Asia’s stock market value are vulnerable to deforestation, species loss and other nature-related risks, according to a new report, as governments ramp up regulations and industries continue to deplete the planet’s resources.

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<p>One of the world’s busiest land checkpoints is set to become less congested as Malaysians travelling to Singapore on factory buses will be able to clear immigration through QR code.</p>


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