Round-the-clock breaking news from Malaysia.
The US Securities and Exchange Commission has proposed a new regulatory framework for crypto assets, offering exemptions from federal securities rules and clearer pathways for token issuers to raise capital under the Trump administration.
A former bank analyst has been sentenced to three years imprisonment by the Kuala Lumpur Sessions Court for conducting unlicensed securities activities and fraudulently using a unit trust consultant title without proper authorisation from regulators.
Malaysia's Court of Appeal has unanimously upheld a High Court judgment finding former WCT Bhd deputy managing director Goh Chin Liong and Ara Holdings director Leong Ah Chai liable for insider trading, with total damages of RM5.83mil.
A US federal judge has approved the SEC's settlement with Elon Musk over delayed disclosure of Twitter share purchases, though she expressed significant concerns about whether the agreement adequately held the billionaire accountable.