Malaysia has banned ICOs while issuing regulations for IEOs

Malaysia’s Securities Commission (SC) has published guidelines for crypto IEOs while revealing that Malaysia has banned ICOs. Malaysia has banned ICOs and favors IEOs instead Malaysia has tightened its regulations around token sales to reduce the risks faced by investors. As per SC’s new guidelines, the nation would only allow tokens that meet the strict assessment standards set by the agency would be allowed for sale in the country. As such, a token’s worth can be determined with assistance from the guidelines which would help both regulators and IEO platforms in operating. The country only allows initial exchange offerings (IEOs)