The known fact that the constant planning to set up a framework for regulating digital currencies, CVH coin for example. Recently, Malaysia securities commission revealed its planning a framework for cryptocurrency regulations. The information was revealed by the Tan Sri Ranjit Ajit Singh, speaking at the SCxSC Digital Finance Conference in Kuala Lumpur. Ranjit stating that SC is working on “regulations and guidelines” for specific approaches associating to digital currencies. Thus, it embraces secondary marketing trading strategies and digital assets. Ranjit stated at the Fintech conference, “The interest level and demand for cryptocurrency are on the rise and it is important for the regulators to acknowledge and embrace this trend…We hope to be able to have it [regulations]in a few months, but I am hesitating to give a specific timeframe”. According to “Edge Markets” website, Ranjit specifies that to achieve the purpose SC will be working with Bank Negara Malaysia (BNB). Thus, in the coming months, the plans implement towards developing and functioning a framework on cryptocurrencies. Reportedly he said, “Together with the BNM, we will look at the area carefully to apply the right framework. The SC is in charge of secondary markets, therefore our position on the cryptocurrency trading is to craft regulations. Thus, the trading venues have the right conditions in place for market integrity, as well as investor protection purposes”. Furthermore, Ranjit mentions that SC will look towards the secondary market and create regulations. Since it helps to right trade values as well secures market integrity. He also reveals about reports of an ongoing project to discover Distributed Ledger Technology (DLT) for unlisted and OTC markets. Moreover, this move towards regulations marks a softening of the country’s stance on the cryptocurrencies trading. Since, by the end of this year, there was a plan to ban crypto transactions in Malaysia. Thus, now it proves that there is no such ban going further.