The Malaysian Securities Commission has publicly sought opinions on the regulatory framework for "tokenization of capital market products".

According to Techub News, the Securities Commission (SC) of Malaysia today released a consultation paper aimed at gathering public feedback on the draft regulatory framework for tokenized capital market products. The public consultation period will run from May 6, 2025, to June 16, 2025. The SC pointed out that tokenized capital market products digitize traditional financial products such as stocks, bonds, and funds through distributed ledger technology (DLT), and should be distinguished from digital tokens and digital currencies, which are regulated under different frameworks. The SC stated that the establishment of the regulatory framework is in response to the growing interest in tokenized products in the market, and the framework will focus on exploring the applications of DLT in the capital market, including Programmability, fractional ownership, and enhancing transparency, while ensuring investor protection. The draft also addresses key areas such as public disclosure requirements, governance controls, and technology Risk Management, and proposes additional requirements for relevant licensees.