More than 1 year, our team has done our researched and seek plenty of consultations on how we are going to operate while complying with the rules and regulations. Finally, Securities Commission of Malaysia has invited representatives of all operatives of Digital Assets Wallet, which we had the opportunity to be invited and participated to the briefing.
To summarize the briefing, all digital asset mobile need to comply with the rules, setup by the Securities Commission of Malaysia during the transition period before getting the complete picture of the new regulations. Soon, Securities Commission will release the application to apply for license. The transition period is starting from 17th January 2019 until 1st March 2019.
Below is the video of further explanation on the Securities Commission (SC) of Malaysia guideline for the regulations of Digital Currencies and Digital Tokens from our products perspectives from our Project CEO, Ms Shuhada Zainal.