[{"data":1,"prerenderedAt":128},["ShallowReactive",2],{"/blog/sc-investor-protection-package-2026":3},{"id":4,"title":5,"author":6,"authorPic":7,"body":8,"category":117,"coverPics":18,"date":118,"description":119,"extension":120,"meta":121,"navigation":122,"path":123,"seo":124,"stem":125,"type":126,"__hash__":127},"blogs/blog/sc-investor-protection-package-2026.md","RM17 billion market, tighter perimeter: the SC's 2026 protection package","Malaysia Blockchain Association Team","https://api.dicebear.com/7.x/avataaars/svg?seed=mba-team-3",{"type":9,"value":10,"toc":107},"minimark",[11,19,22,27,35,39,56,60,67,70,75],[12,13,14],"p",{},[15,16],"img",{"alt":17,"src":18},"Regulatory file","/img/blog/gen/sc-investor-protection-package-2026.svg",[12,20,21],{},"The revised DAX guidelines took the headlines today — but the SC's accompanying disclosures sketch the fuller picture of a market growing up fast, inside a hardening perimeter.",[23,24,26],"h2",{"id":25},"the-market-by-the-numbers","The market, by the numbers",[12,28,29,30,34],{},"Total trading value on regulated DAXs rose to ",[31,32,33],"strong",{},"RM17.14 billion in 2025",", a 23% increase from RM13.93 billion in 2024. SC Chairman Datuk Mohammad Faiz Azmi framed the growth as demanding \"resilient and credible partners\" in the ecosystem — context for the tougher capital, governance and client-asset rules taking effect (existing operators have until 20 May 2028 to meet the new capital requirements).",[23,36,38],{"id":37},"the-enforcement-ledger","The enforcement ledger",[40,41,42,49],"ul",{},[43,44,45,48],"li",{},[31,46,47],{},"Administrative action against four DAXs"," operating without registration (the SC did not name them).",[43,50,51,52,55],{},"From ",[31,53,54],{},"14 April 2026",", a collaboration with Google means unregistered operators cannot advertise financial services to Malaysians — Google Ads now requires proof of SC or BNM licensing for financial ads in Malaysia.",[23,57,59],{"id":58},"the-investor-protection-first","The investor-protection first",[12,61,62,63,66],{},"DAX operators ",[31,64,65],{},"will join the Financial Markets Ombudsman Service (FMOS) in 2026"," — giving crypto exchange customers, for the first time, a free, formal dispute-resolution channel for direct financial loss claims, the same recourse long available against brokers and fund managers.",[12,68,69],{},"Taken together: record volumes, higher operator standards, advertising choke points against the unregistered, and an ombudsman for when things go wrong. This is what a maturing regime looks like.",[71,72,74],"h3",{"id":73},"references","References",[40,76,77,86,93,100],{},[43,78,79],{},[80,81,85],"a",{"href":82,"rel":83},"https://www.sc.com.my/resources/media/media-release/sc-issues-revised-guidelines-on-recognized-markets-for-digital-asset-exchange",[84],"nofollow","Securities Commission Malaysia — \"SC Issues Revised Guidelines on Recognized Markets for Digital Asset Exchange\" (20 May 2026)",[43,87,88],{},[80,89,92],{"href":90,"rel":91},"https://theedgemalaysia.com/node/804271",[84],"The Edge Malaysia — \"Securities Commission tightens digital asset rules, targets unregistered exchanges\" (20 May 2026)",[43,94,95],{},[80,96,99],{"href":97,"rel":98},"https://www.businesstoday.com.my/2026/05/20/sc-tightens-digital-asset-exchange-rules-speeds-up-product-approvals/",[84],"Business Today — \"SC tightens digital asset exchange rules, speeds up product approvals\" (20 May 2026)",[43,101,102],{},[80,103,106],{"href":104,"rel":105},"https://soyacincau.com/2026/03/11/google-ads-mandatory-verification-financial-ads-in-malaysia/",[84],"SoyaCincau — Google Ads verification requirement (11 Mar 2026)",{"title":108,"searchDepth":109,"depth":109,"links":110},"",2,[111,112,113],{"id":25,"depth":109,"text":26},{"id":37,"depth":109,"text":38},{"id":58,"depth":109,"text":59,"children":114},[115],{"id":73,"depth":116,"text":74},3,"News","2026-05-20","Alongside its revised DAX guidelines, the SC reveals record RM17.14 billion trading in 2025, administrative action against four unregistered exchanges, a Google advertising gate, and FMOS ombudsman access for DAX customers.","md",{},true,"/blog/sc-investor-protection-package-2026",{"title":5,"description":119},"blog/sc-investor-protection-package-2026","blog","ikn0IgqQLMCVRVQheDz9nBJzPrleHhfEDb7Sg0Haq2Q",1784183599364]