Cease and Desist! Malaysia’s Securities Watchdog Puts Brakes on ICO

The post Cease and Desist! Malaysia’s Securities Watchdog Puts Brakes on ICO appeared first on CCN

Malaysia’s statutory securities regulator and watchdog has issued a cease an immediate cease and desist to a startup’s initial coin offering (ICO). With a statement on Tuesday, the Securities Commission (SC) Malaysia ordered the CopyCash Foundation to “immediately cease and desist all its proposed activities including a purported plan to launch an Initial Coin Offering

The post Cease and Desist! Malaysia’s Securities Watchdog Puts Brakes on ICO appeared first on CCN

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