RATE Group | Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisi…
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Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisi…

04 Apr Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisi…

Posted at 15:30h in Cryptocurrency News by

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Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis

Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight the covid-19 outbreak.

Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed

Crypto Exchange Receives Full Approval During Lockdown

Suruhanjaya Sekuriti Malaysia, the Securities Commission Malaysia (SC), has approved a cryptocurrency exchange despite the current coronavirus pandemic crisis the country is facing. The nationwide lockdown has already been extended until at least April 14. By that time, the Malaysian government hopes that aggressive testing will have contained the pandemic.

During the lockdown, crypto exchange operator Tokenize Malaysia received full approval from the Securities Commission Malaysia to operate a…

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