During a keynote speech at the 2018 SCxSC FinTech Conference, Malaysia’s finance minister Lim Guan Eng announced that the country would be implementing regulations for cryptocurrency exchanges and initial coin offerings by the first quarter of 2019.
The move would bring Malaysia into alignment with a wave of other major players like Japan and Malta that have sought to bring attentive regulation to the cryptocurrency space. Still, it is unlikely that one of the major players in this space— the U.S—will follow in the footsteps of Asia or Europe any time soon.
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