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Insights - Page 5 of 5

Case Analysis and Practical Solutions on SPM Membrane Switch Sdn Bhd v Kerajaan Negeri Selangor [2016] 1 MLJ 464

Digital assets may take the form of digital currency or digital token, these assets are created and stored digitally and only exist in digital form. They carry value and could be owned and transacted. Private keys are used to authorize transactions and prove ownership of such assets. The legal definition of digital asset is found under the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019...