Practice Note 1/2026 issued and effective: 30 January 2026.
The Securities Commission Malaysia published a practice note on digital asset broking for eligible Capital Markets Services Licence holders dealing in securities, including those restricted to listed securities.
The note permits these firms to offer broking services for qualifying digital assets subject to additional requirements. Firms must notify the SC beforehand and submit the prescribed operational-readiness declaration with third-party validation.
Client purchases must be funded upfront. The note prohibits margin or lending facilities for digital asset trading and discretionary control over customers' trading accounts. It also requires segregation of client assets and custody with an SC-registered digital asset custodian, unless written approval is obtained for a foreign custodian.
This creates a defined route for eligible brokers to add digital asset services. It is not an announcement that every securities broker has launched such a service or received a new exchange registration.
Sources: SC publication page, 30 January 2026 and the practice note.