Author

Amanda Cham

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Pursuant to the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 (the “Prescription Order”), which came into force on 15 January 2019, digital currencies and digital tokens which are not issued or guaranteed by any government body or central bank, and fulfils other specific features, are prescribed as securities. The implications of treating digital currencies and digital tokens as securities are significant as the Malaysian Capital Markets and Services…