Malaysia’s SC greenlights digital assets HBAR and GRT proposed by Luno

0
5K

The Securities Commission Malaysia (SC) has approved two additional digital assets, HBAR and GRT, following Luno’s comprehensive coin selection process and proposal to the regulator.

The approval has led Luno, Malaysia’s leading digital asset exchange, to list both coins, expanding its coin list to 22 – the widest available in the country,Luno said in a statement on Thursday.

This launch is the second batch of digital assets approved by the SC in 2025.

The expanded offering enables investors to explore a broader part of the crypto ecosystem and diversify their portfolios safely and securely.

Hedera (HBAR) is a high-performance, energy-e cient public network that leverages hashgraph consensus for fast, secure, and low-cost transactions, with predictable fees and enterprise-grade governance, enabling sustainable and scalable decentralized applications (dApps).

The Graph (GRT) is a decentralized indexing protocol that enables efficient querying of blockchain data, making it easier for developers to build performant and reliable dApps across multiple blockchains.

“We’re pleased to receive SC’s approval in listing HBAR and GRT to all Malaysians, with our customers having first access to invest and trade them starting today,” Luno’s Country Manager for Malaysia Scarlett Chai said.

“The addition of these two digital assets follows a rigorous screening process by Luno, which evaluates potential assets against strict technical, regulatory, and legal criteria to ensure their feasibility and suitability for introduction in Malaysia, as well as other markets across Asia Pacific (APAC), Europe, and Africa.

“Shortlisted coins are then proposed to the SC for a country-wide approval, allowing the Malaysian public to invest or trade the respective digital assets,” she added.

To date, Luno has submitted over 25 digital asset proposals to the SC, with 22 of them already approved and available on its platform.

In the first half of this year, Luno launched four new digital assets – Algorand, NEAR Protocol, Hedera and The Graph – and expanded its staking service to include Polkadot, NEAR Protocol, and Cosmos.

Luno is a global cryptocurrency investment app. Since its founding in 2013, the firm has introduced over 13 million people to crypto.

It is available in more than 40 countries across Europe, Africa, Asia and Australia.

The firm offers products and services that make it safe and easy to buy, store and learn about cryptocurrencies like Bitcoin and Ethereum.

In Malaysia, Luno is the first regulated digital assets exchange, licensed by the Securities Commission Malaysia, offering Malaysians a platform to investing in cryptocurrencies.

 

#CryptoAdoption #DigitalAssets #BlockchainTechnology #HBAR #TheGraph

Patrocinados
Buscar
Patrocinados
Categorías
Read More
Networking
Malaysia’s Krenovator secures seed funding to enhance AI-powered tech talent platform
Krenovator Technology Sdn. Bhd., a Malaysia-based artificial intelligence (AI)-powered tech...
By Ifvex 2025-05-05 14:51:07 0 5K
Networking
Finance has a new ally: AI that catches what humans miss
Precision drives finance. A single mistake can ripple through markets, draining millions or even...
By Ifvex 2025-05-01 16:13:22 0 5K
Networking
VNPT ra mắt gói cước Internet tốc độ tối thiểu 300Mbps
Từ 1/4/2025, tất cả các gói cước Internet mới của VNPT sẽ được cung cấp với tốc độ...
By OGX 2025-04-01 08:26:55 0 11K
Food
Partners in synergy: How SariSuki is keeping things fresh in tackling food insecurity
Rising cost, lack of accessibility, inefficient distribution, and a very weak supply chain have...
By Ifvex 2025-02-10 17:50:52 0 9K
Other
Singapore’s Alternō raises Series A funding from UntroD Capital Asia, ADB Ventures
Alternō, a Singapore-based climate-tech startup, has closed its Series A funding round to...
By Ifvex 2025-05-20 11:58:12 0 7K
Ifvex https://ifvex.com