By Crowdfund Vibe staff writers
Late last week the Malaysian Securities Commission announced it was accepting the first applications for equity crowdfunding licences. This followed on from the release of new guidelines on 10 February that introduced requirements for equity crowdfunding platforms.
Malaysia is one of the first states in Asia to authorise equity crowdfunding, which the Government sees as an important and innovative new market structure to facilitate the growth of new small scale businesses. So what is the state of crowdfunding in Malaysia, a country that is the 3rd largest economy in South East Asia and the 29th largest economy in the world?