Malaysia’s Securities Commission is proposing new guidelines to simplify the listing process for digital assets on regulated exchanges. The framework allows exchanges to list certain tokens without prior regulatory approval, provided they meet specific criteria. This shift empowers exchange operators to establish their own governance and risk assessment procedures for evaluating tokens. The aim is to reduce regulatory delays, attract crypto projects, and enhance Malaysia's position as a digital finance hub in Southeast Asia. While utility tokens can be listed directly by exchanges, those classified as securities will still require SC approval. The proposal emphasizes the need for robust safeguards, including real-time asset monitoring and clear disclosure standards to protect investors. The SC will also review how exchanges apply their listing frameworks and may intervene if investor interests are at risk. This initiative is seen as a significant step towards fostering innovation and competitiveness in Malaysia's crypto market, aligning it with more progressive regulatory environments in the region. Read more AI-generated news on: https://app.chaingpt.org/news