[{"data":1,"prerenderedAt":89},["ShallowReactive",2],{"/blog/mx-global-fourth-dax-2021":3},{"id":4,"title":5,"author":6,"authorPic":7,"body":8,"category":78,"coverPics":18,"date":79,"description":80,"extension":81,"meta":82,"navigation":83,"path":84,"seo":85,"stem":86,"type":87,"__hash__":88},"blogs/blog/mx-global-fourth-dax-2021.md","MX Global becomes Malaysia's fourth registered digital asset exchange","Malaysia Blockchain Association Team","https://api.dicebear.com/7.x/avataaars/svg?seed=mba-team-3",{"type":9,"value":10,"toc":70},"minimark",[11,19,27,34,39,42,45,50],[12,13,14],"p",{},[15,16],"img",{"alt":17,"src":18},"Exchange desk","/img/blog/gen/mx-global-fourth-dax-2021.svg",[12,20,21,22,26],{},"The licensed club has a fourth member. ",[23,24,25],"strong",{},"MX Global Sdn Bhd"," has announced its full approval from the Securities Commission to operate as a Recognised Market Operator (Digital Asset Exchange), joining Luno, SINEGY and Tokenize — the first new entrant since the original three were registered in June 2019.",[12,28,29,30,33],{},"The SC's approval was granted in mid-2021, with the public announcement made today. ",[23,31,32],{},"Dato' Fadzli Shah"," has been appointed CEO to lead the exchange.",[35,36,38],"h2",{"id":37},"why-it-matters","Why it matters",[12,40,41],{},"For two years, Malaysia's regulated crypto market has been a three-horse race, with Luno holding a dominant share. A fourth licensed venue means more competition on fees, listings and user experience — and it demonstrates that the SC's door, while heavy, does open. MX Global has positioned itself as a homegrown platform with an emphasis on compliance-first growth.",[12,43,44],{},"The association congratulates the MX Global team. A deeper bench of regulated operators is good for investors, good for token issuers eyeing the local market, and good for the credibility of Malaysia's framework abroad.",[46,47,49],"h3",{"id":48},"references","References",[51,52,53,63],"ul",{},[54,55,56],"li",{},[57,58,62],"a",{"href":59,"rel":60},"https://www.lowyat.net/2021/250842/mx-exchange-becomes-latest-dax-to-receive-approval-from-securities-commission/",[61],"nofollow","Lowyat.NET — \"MX Exchange becomes latest DAX to receive approval from Securities Commission\" (27 Aug 2021)",[54,64,65],{},[57,66,69],{"href":67,"rel":68},"https://www.crowdfundinsider.com/2021/08/179753-mx-exchange-gets-full-approval-from-securities-commission-malaysia-to-serve-as-digital-asset-exchange/",[61],"Crowdfund Insider — \"MX Exchange gets full approval from Securities Commission Malaysia\" (Aug 2021)",{"title":71,"searchDepth":72,"depth":72,"links":73},"",2,[74],{"id":37,"depth":72,"text":38,"children":75},[76],{"id":48,"depth":77,"text":49},3,"News","2021-08-27","MX Global Sdn Bhd joins Luno, SINEGY and Tokenize as an SC-registered DAX operator, with Dato' Fadzli Shah at the helm — the first addition to the licensed cohort since 2019.","md",{},true,"/blog/mx-global-fourth-dax-2021",{"title":5,"description":80},"blog/mx-global-fourth-dax-2021","blog","EO8fNmHbOwIkUjuFJOv6w2Jy_6dXkbU_OuRxEzcoMQE",1784183600227]