Malaysia’s Securities Commission has announced a plan to ease rules for cryptocurrency exchanges by allowing certain digital assets to be listed without prior regulatory approval. The move aims to speed up the listing process give exchanges more responsibility and offer a wider range of crypto products to investors.

Under the proposal digital assets must meet clear conditions including security audits with public results and at least one year of trading on a Financial Action Task Force-compliant platform. The plan highlights the regulator’s effort to boost the local crypto market while ensuring operators stay accountable for their listing decisions.

Public feedback is being sought on whether riskier assets like privacy coins memecoins and low-demand utility tokens should be allowed for trading. The Securities Commission also plans stricter governance and custody requirements including asset segregation stronger financial safeguards and local management oversight to protect investor funds and strengthen market integrity.

Source