- SC Malaysia proposes streamlined crypto asset listing proposal.
- Increased accountability for exchanges and stricter oversight.
- Potential boost for large-cap digital assets like BTC and ETH.
This regulatory proposal signifies a potential shift in Malaysia’s digital asset ecosystem, promoting efficiency and accountability in the listing process.
The Securities Commission Malaysia (SC Malaysia) has initiated a public consultation process to potentially streamline the crypto asset listing process. Released on July 1, 2025, the proposal suggests digital assets should trade on a FATF-compliant platform for at least one year. The SC Malaysia emphasizes that exchanges will have increased accountability for diligence and compliance, especially concerning assets such as privacy coins and memecoins.
“This would relate to mitigating the risk of loss or misuse of customers’ assets and facilitating movement of digital assets.” – Securities Commission Malaysia (SC Malaysia)
The market’s immediate response indicates potential for higher trading volumes, particularly for established assets like Bitcoin (BTC) and Ethereum (ETH). By focusing on compliance, the SC aims to mitigate risks related to money laundering and terrorism financing while boosting market efficiency.
Financial implications suggest increased exchange activity with large-cap, well-audited assets gaining traction. However, high-risk coins might face challenges in securing fast-track listings due to existing anti-money laundering (AML) concerns. The historical precedent from other jurisdictions shows that such regulatory changes favor major cryptocurrencies and potentially deter speculative tokens.
Experts speculate that regulatory clarity could lead to tangible market benefits, favoring secure and established digital assets. Findings indicate that regulatory frameworks in similar economies have historically reduced listing friction for “blue chip” cryptocurrencies while ensuring proper custody and safeguarding user funds.
