Malaysia bans ICOs, issues regulations for IEOs

Malaysia bans ICOs, issues regulations for IEOs

Securities Commission Malaysia (SC) has published a set of detailed guidelines to regulate and legalize initial exchange offerings (IEOs) in the country. The regulator has also issued a ban on Initial Coin Offerings (ICOs) by individual token issuers. As per the guidelines digital token offerings would now be done via IEO instead of ICOs.

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