Malaysia Seeks Feedback On its Proposed ICO Regulation

The Securities Commission of Malaysia (SC, the financial watchdog of the country) has earlier announced that those who attempt to run an unregistered ICO or cryptoexchange could be jailed for up to 10 years and fined up to $2.4 million. Now SC comes with a consultation paper & those interested in providing feedback are asked to before March 29, 2019.

The post Malaysia Seeks Feedback On its Proposed ICO Regulation appeared first on Incrypts.

Malaysia Seeks Feedback On its Proposed ICO Regulation

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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