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Regulators are not asleep at work. The Securities Commission Malaysia (SC) has a strict leash and mandates platforms register before providing services. Imagine it like a hawker stall license—no permit, no business. Under these guidelines, local exchanges like Luno and Tokenize flourish and provide Malaysians with a safe place to purchase, sell, and HODL. Still, the name of the game is still cautious. Staying on licensed platforms is not only wise but also essential since scams emerge faster than durian in season.