Today, On January 15th, Malaysia starts to regulate ICO and crypto industry, according to Reuters,
The minister of finance states the regulation will be carried out under the supervision of the Securities Commission Malaysia.
It’s expected the commission to launch a regulation tool by end of the Q1, putting in place "the relevant regulatory requirements for the issuance of ICOs and the trading of digital assets at digital asset exchanges in Malaysia."
Earlier it was said, the world’s first blockchain bank will settle down in Labuan, Malaysia.
The bank will be developed by the joint efforts of CGCX, which is a crypto trading platform, an investment firm Archipelago, and IBH Capital, which is also an investment firm.
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