Tagged: sc

Securities Commission Malaysia Shuts Down CopyCash Foundation Initial Coin Offering

Securities Commission Malaysia (SC) has issued a cease and desist (C&D) order to CopyCash Foundation. The C&D was in regards to a scheduled initial coin offering (ICO) launching on January 10, 2018. SC issued a warning this week to investors regarding the CopyCashCoin ICO. Company… Read More

Securities Commission Malaysia Warns Investors on ICOs, Calls in CopyCashCoin Executives Prior to Public Token Offering

The Securities Commission Malaysia (SC) says it has noticed an increase in initial coin offerings (ICOs) and the solicitation of the general public – including senior citizens. The cautionary statement by the SC was apparently cased by the forthcoming CopyCashCoin ICO that is scheduled to… Read More

Securities Commission Malaysia Comments on Fintech Bridges

Securities Commission Malaysia (SC) has released a statement on the recently signed cooperation agreements with major financial centers. These “Fintech bridges” are described as a move to spur greater cooperation in facilitating and regulating innovations emerging within the digital finance industry. Recently, SC has established… Read More

Here is the Warning from Securities Commission Malaysia on ICOs

Securities Commission Malaysia (SC), a regulatory body that has been quite forward thinking when it comes to Fintech innovation, has published a statement on Initial Coin Offerings or ICOs. SC cautions investors on participating in ICOs or token sales noting that some may be securities,… Read More