2026-05-20
The Securities Commission Malaysia issued revised guidelines for Digital Asset Exchange operators to strengthen market resilience and align with institutional standards. Key changes include raising minimum paid-up capital requirements, enhancing competency rules for key persons, and liberalizing digital asset listing procedures while imposing stricter custody and risk management obligations. Existing operators are granted transitional periods to comply with new financial and director training mandates, and the digital broker model has been renamed to the direct trade model.