Securities Commission: Digital asset market’s trading value rises to RM21b in 2021 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR, March 28 — The domestic digital asset market continued to grow in 2021 despite market uncertainties following the pandemic, with about RM21 billion in digital assets traded across the four registered digital asset exchanges (DAXs). The Securities Commission Malaysia (SC) said...

KUALA LUMPUR, March 28 — The domestic digital asset market continued to grow in 2021 despite market uncertainties following the pandemic, with about RM21 billion in digital assets traded across the four registered digital asset exchanges .

“Investors aged below 35 years comprised the largest segment at 62 per cent, holding more than 470,000 accounts as at end 2021,” it said in its Annual Report 2021 released today. “The increased retail interest in the equity market during the pandemic had also pushed digital brokers to new highs, gaining a retail market share of 5.45 per cent with total number of accounts having risen by more than 50 per cent to approximately 251,000 in 2021 ,” the regulator said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines