Under Malaysia’s new legal framework in 2018, the Central Bank of Malaysia-Bank Negara Malaysia and Securities Commission Malaysia supervise all the digital cryptocurrency trading. Any digital asset including digital token and digital currency must be approved by the SC and be operated under authorization.
The use of compliance controls is increasingly adopted by digital cryptocurrency operators. With more mature and strict regulation of digital cryptocurrency, the industry enjoys huge benefits. Only by giving digital cryptocurrency a qualified and standardized market can the industry develop healthily. In this way, participants can enter the market on a large scale.
Countries have different policies towards digital cryptocurrency, ICOs, and exchanges. Additionally, the regulatory on digital cryptocurrency has a direct impact not only on the settlement, business survival and development of blockchain parties and digital asset operators but also legal protection for digital cryptocurrency owners.
Deep Boundary Tech aims to offer transaction services for valuable commercial digital assets. Standardization and credibility are basic requirements. We look forward to providing more customers with the most valuable services.