1337 Ventures is one of three new recipients of the ECF license by the Securities Commission Malaysia.
Will provide short-term supply chain financing to businesses.
Singaporean fintech’s cloud-based financing platform offers faster, easier financing.
Provides vision and direction, advises the government and facilitates greater coordination of strategies for the development of the VC and private equity PE industry.
Granted licenses by Labuan FSA as a credit token business, and for money broking, as well as a payment system operator.
A reduction in participants could mean easier regulation and the ability to better cater to demand.
The two consultation papers are available at the SC website and the public can submit their comments by March 29, 2019.
Online industry-wide utility platform centralises Industry Competency Framework, assessment and development activities on a common hub.
Institute for Capital Market Research recommendations aim to spur further growth and drive greater synergies.
Any person who is interested in operating a digital asset platform is required to apply to the SC to be registered as a recognised market operator.