Malaysian Regulator Proposes Pre-Approved Crypto Listings
The Securities Commission Malaysia (SC) is seeking public feedback on a proposal that could allow cryptocurrency exchanges to list certain digital assets without first obtaining explicit approval from the regulator.
According to a Monday announcement, the regulator is considering liberalizing the framework for listing digital assets on exchanges. Under the newly proposed rules, digital assets meeting specific criteria would be allowed for listing without explicit approval.
“This aims to accelerate time-to-market, increase [crypto exchange] operator accountability and widen product offerings,” the announcement states.
The new rules would hold the exchange accountable for its decision to list a specific asset. The listed digital assets…