Malaysia to Decentralize Crypto Token Listings in 2026, Empowering Exchanges

Malaysia's Securities Commission (SC) will transfer token-listing authority to licensed cryptocurrency exchanges starting in 2026, marking a significant liberalization of the country's digital asset framework. The move accelerates market growth by allowing platforms to independently approve new tokens based on their compliance procedures rather than waiting for regulatory greenlights.

Exchanges must maintain rigorous due-diligence processes, including technology audits and anti-money laundering checks, under the SC's oversight. This shift positions Malaysia as a more competitive hub for regional crypto projects, with streamlined listing timelines expected to attract innovation.

The reform reflects a broader trend of regulatory modernization in Southeast Asia's digital asset markets. By delegating listing decisions to market operators, the SC aims to balance agility with investor protections—a model increasingly adopted by jurisdictions seeking to foster crypto ecosystems without compromising oversight.