[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/sqmu.net\/guide\/2026\/04\/malaysias-digital-asset-laws-and-sqmus-erc-1155-implementation\/#BlogPosting","mainEntityOfPage":"https:\/\/sqmu.net\/guide\/2026\/04\/malaysias-digital-asset-laws-and-sqmus-erc-1155-implementation\/","headline":"Malaysia\u2019s Digital Asset Laws and SQMU\u2019s ERC\u20111155 Implementation","name":"Malaysia\u2019s Digital Asset Laws and SQMU\u2019s ERC\u20111155 Implementation","description":"Malaysia has become a pioneer in real estate tokenisation in Southeast Asia with a structured regulatory framework led by the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM). The launch of Viia Residences in 2026 marks the first globally accessible tokenised real estate project, demonstrating compliant execution and the viability of digital assets.","datePublished":"2026-04-29","dateModified":"2026-04-29","author":{"@type":"Person","@id":"https:\/\/sqmu.net\/author\/npvincent\/#Person","name":"Vincent","url":"https:\/\/sqmu.net\/author\/npvincent\/","identifier":81298481,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d94cf1d4b33e5003c9d6729625a691370c0a6f7779f99eea52a9c190ec9eae9a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d94cf1d4b33e5003c9d6729625a691370c0a6f7779f99eea52a9c190ec9eae9a?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"SQMU"},"image":{"@type":"ImageObject","@id":"https:\/\/i0.wp.com\/sqmu.net\/wp-content\/uploads\/2026\/04\/sqmu-tokenised-real-estate-69f21e40ae3eb.png?fit=1024%2C1024&ssl=1","url":"https:\/\/i0.wp.com\/sqmu.net\/wp-content\/uploads\/2026\/04\/sqmu-tokenised-real-estate-69f21e40ae3eb.png?fit=1024%2C1024&ssl=1","height":1024,"width":1024},"url":"https:\/\/sqmu.net\/guide\/2026\/04\/malaysias-digital-asset-laws-and-sqmus-erc-1155-implementation\/","about":["Guide"],"wordCount":3369,"keywords":["bnm-roadmap","compliance","digital-asset-guidelines","ERC-1155","islamic-digital-assets","labuan-fsa","malaysia-real-estate","real-estate-tokenisation-in-malaysia","securities-commission-malaysia","spv-structuring","sqmu-standard"],"articleBody":"Summarize with AIPerplexityChatGPTClaudeGeminiDeepSeekIntroductionMalaysia has emerged as a distinctive laboratory for real estate tokenisation in Southeast Asia. Unlike jurisdictions where regulation follows innovation, Malaysia has adopted a structured, dual\u2011track approach: the Securities Commission Malaysia (SC) provides the standing rules for digital asset offerings, while Bank Negara Malaysia (BNM) leads a three\u2011year exploration of tokenisation\u2019s potential across the financial system. In January 2026, the country achieved what no other ASEAN jurisdiction has yet delivered: a live, globally accessible tokenised real estate project, with Viia Residences in Kuala Lumpur opened to international investors.\u202fThis momentum operates within clear legal boundaries. Digital assets that meet specified criteria are classified as securities and fall under the SC\u2019s oversight. Land title is governed by the National Land Code, administered through state land offices and the central land registry system. Tokens cannot by themselves transfer legal title; they must represent interests in legal vehicles that hold property. Currency transactions must be conducted in Ringgit, and any tokenised offering must comply with the SC\u2019s prospectus, licensing, and anti\u2011money laundering requirements.\u202fThe open\u2011source SQMU standard\u2014where 1 token equals 1 verified square metre of property, built on auditable ERC\u20111155 smart contracts\u2014is designed to operate within these constraints. This article analyses Malaysia\u2019s digital asset laws, examines how the SC regulates tokenised real estate, and demonstrates how SQMU\u2019s ERC\u20111155 implementation aligns with compliance requirements, legal structuring, and the country\u2019s ambitious asset tokenisation roadmap.For a comprehensive regulatory analysis, refer to the Malaysia real estate tokenisation guide. For technical deployment details, see the open\u2011source SQMU implementation.Malaysia\u2019s Regulatory Framework for Tokenised Real EstateMalaysia\u2019s approach to real estate tokenisation involves multiple regulatory authorities, each with distinct mandates, working in coordination.1. Securities Commission Malaysia (SC)The SC provides the foundational regulatory infrastructure through its Guidelines on Digital Assets(first issued in 2020, with periodic updates). Qualifying real estate tokens are classified as securities and subject to comprehensive rules on issuance, exchange operation, custody, and investor protection.\u202fKey regulatory pillars include:Licensing:\u00a0Any platform that issues or deals in digital assets considered securities must be registered with the SC. Initial Exchange Offering (IEO) platforms are subject to specific registration requirements under the DA Guidelines.\u202fProspectus requirements:\u00a0Tokenised securities offerings to the public require a prospectus registered with the SC, unless an exemption applies (e.g., offers to accredited investors or restricted offers).Investor protection:\u00a0The SC\u2019s regulatory approach is grounded in three fundamental principles: investor protection, market integrity, and systemic transparency.\u202fLicensed Digital Asset Exchanges (DAX):\u00a0As of 2025, Malaysia has six SC\u2011licensed DAXs, including Luno Malaysia, SINEGY, Tokenize Malaysia, MX Global, HATA Digital, and Torum International. These exchanges provide regulated venues for secondary trading of tokenised assets.\u202f2. Bank Negara Malaysia (BNM)BNM has launched a three\u2011year Asset Tokenization Roadmap (2026\u20132028), establishing the Digital Asset Innovation Hub (DAIH) and the Asset Tokenization Industry Working Group (IWG), co\u2011led by BNM and the SC. Priority use cases include supply\u2011chain financing, tokenised liquidity management, Islamic finance applications, programmable payments, and\u2014crucially\u2014real estate applications.\u202fBNM has emphasised that tokenisation must demonstrate clear economic value rather than serve as purely technological experimentation. The initiative begins with conventional financial instruments (bonds, loans, deposits) before expanding to more complex assets like real estate deeds.\u202f3. Labuan Financial Services Authority (LFSA)Labuan, as an international business and financial centre, offers an alternative regulatory pathway for tokenised real estate. The LFSA has established a comprehensive Digital Financial Services (DFS) framework that explicitly includes asset tokenisation as a permitted activity. The DFS license allows a single Labuan entity to operate both conventional forex\/CFD brokerage and digital asset operations, including:Crypto\u2011to\u2011fiat exchangeVirtual currency spot tradingCrypto derivative contractsMulti\u2011asset brokerageAsset tokenisation\u00a0(real estate, commodities) under the 2025 LFSA Tokenisation Framework\u202fNotably, the Islamic Digital Asset Centre (IDAC) in Labuan provides a dedicated framework for Shariah\u2011compliant virtual currency and digital asset services\u2014the only such framework in the world operating within a recognised offshore financial centre.\u202f Shariah\u2011compliant products are offered in the form of securities token offerings, including the innovative RAMZ (Arabic term for token) structure.\u202f Real estate tokenisation projects targeting Islamic investors can be structured under this framework.The LFSA has also licensed several digital exchanges, including NexStox, which provides a secure marketplace for yield\u2011bearing security tokens backed by real\u2011world assets including real estate.\u202f4. National Land CodeUnder the National Land Code, legal title to land cannot be transferred via blockchain tokens. Tokenisation projects must therefore be structured using a legal vehicle (typically an SPV or trust) that holds the property title. Tokens represent shares or beneficial interests in that vehicle, not direct ownership of the land. Requirements under the National Land Code include:Title registration:\u00a0Property ownership is recorded at the relevant state land office.Strata title compliance:\u00a0For condominiums and stratified buildings, tokenised interests must respect existing strata title laws.Transfer restrictions:\u00a0Any change in the underlying legal ownership must follow standard land transfer procedures.5. Anti\u2011Money Laundering (AML) and Counter\u2011Financing of Terrorism (CFT)The SC works with BNM to coordinate policies on AML and KYC safeguards for digital assets, including cryptocurrencies and tokenised securities. Issuers and intermediaries must implement robust AML\/CFT programmes, including customer due diligence, transaction monitoring, and suspicious activity reporting.\u202f6. Tax FrameworkCapital gains tax:\u00a0Malaysia does not impose capital gains tax, which benefits token holders who realise appreciation upon sale.Income tax:\u00a0Rental income distributed to token holders is subject to income tax.Stamp duty:\u00a0Transfers of tokenised interests may attract stamp duty, depending on the underlying legal structure.VAT\/service tax:\u00a0Token issuance and secondary trading may be subject to service tax.Summary of Regulatory OversightAuthorityScopeSecurities Commission Malaysia (SC)Issuance, exchange, custody of digital assets classified as securities; investor protectionBank Negara Malaysia (BNM)Asset tokenisation roadmap, Digital Asset Innovation Hub, payment systemsLabuan Financial Services Authority (LFSA)Offshore tokenisation framework, DFS license, Islamic digital assets (IDAC, RAMZ)State Land Offices \/ National Land CodeLegal title to land; SPV or trust required for tokenised ownershipMinistry of Domestic Trade and Consumer Affairs (KPDN)Business registration, consumer protectionKey Distinction Between SC and LFSAFor property tokenisation in Malaysia, operators have a choice between two distinct regulatory paths:Onshore (SC\u2011regulated):\u00a0The token is classified as a security under the SC\u2019s Guidelines on Digital Assets. The issuer must be incorporated locally, meet minimum paid\u2011up capital requirements (RM 500,000 for certain activities), and comply with prospectus or prospectus\u2011exempt offering rules. Trading is restricted to SC\u2011licensed DAXs. This path is suitable for offerings targeting Malaysian retail investors.Offshore (LFSA\u2011regulated):\u00a0The token is issued under Labuan\u2019s DFS framework, which permits asset tokenisation, lower corporate tax (3%), 100% foreign ownership, and access to Islamic digital asset structures (IDAC, RAMZ). This path is suitable for international offerings or Shariah\u2011compliant structures. The minimum paid\u2011up capital for a DFS license is RM 1,500,000 (approximately USD $330,000).\u202fThe choice depends on the target investor base, the property\u2019s location, and the desired regulatory treatment.2026 Developments: CMP4 and Frameworks for Alternative AssetsOn 9 March 2026, the SC launched its fourth Capital Market Masterplan (CMP4) 2026\u20112030, which explicitly prioritises regulatory frameworks for alternative assets, including digital assets and securitised real\u2011world assets (RWAs). Within the digital asset space, the SC will expand its regulatory framework to support new crypto offerings, strengthen resilience of regulated market players, and focus on securities tokenisation to harness blockchain technology\u2019s efficiency and accessibility. The SC committed to working with capital market intermediaries, innovation leaders, and BNM to scale up tokenisation pilots, test products in real\u2011world conditions, and shorten time\u2011to\u2011market.\u202fCritically, the SC will strengthen AML surveillance, with a particular focus on cross\u2011border transfers and the use of crypto assets for illicit activities\u2014an area where the open\u2011source transparency of SQMU contracts provides a distinct advantage.\u202fToken Classification Under Malaysian LawUnder the SC\u2019s Guidelines on Digital Assets, a token that possesses the characteristics of a security\u2014including being an investment of money in a common enterprise with the expectation of profit from the efforts of others\u2014will be treated as a security. For real estate tokenisation, the following principles apply:Equity tokens:\u00a0Tokens representing shares in an SPV that holds property title are generally classified as securities. They confer ownership rights, voting rights, and a share in rental income and capital appreciation.Debt tokens:\u00a0Tokens representing a loan to a property developer may be classified as debentures.Asset\u2011referenced tokens (ARTs):\u00a0Tokens that aim to stabilise value by referencing underlying assets may be classified under specific rules.The SC\u2019s regulatory approach is technology\u2011neutral: \u201csame activity, same risk, same regulatory outcome.\u201d Tokenisation does not offer a regulatory shortcut. Issuers must comply with the same prospectus, licensing, and conduct requirements as traditional securities offerings.Prospectus ExemptionsThe Capital Markets and Services Act 2007 (CMSA) provides exemptions from the prospectus requirement that are relevant for real estate tokenisation:Small offers:\u00a0Offers with total consideration not exceeding RM 5 million in any 12\u2011month period.Private placements:\u00a0Offers made to no more than 50 persons within any 12\u2011month period.Accredited investors:\u00a0Offers made exclusively to high\u2011net\u2011worth individuals or institutions.Restricted offers:\u00a0Offers made in connection with a merger or takeover.Many tokenised real estate offerings in Malaysia are structured under these exemptions, limiting participation to accredited investors or small groups.Secondary Trading via Licensed Digital Asset Exchanges (DAX)Secondary trading of tokenised real estate must occur on SC\u2011licensed DAXs. As of 2025, Malaysia has six licensed DAX operators: Luno Malaysia, SINEGY, Tokenize Malaysia, MX Global, HATA Digital, and Torum International. The SC has signalled a more liberal approach for DAXs to list digital tokens on their platforms for trading, shifting from prescriptive oversight to relying on players\u2019 own assessments, while still maintaining ultimate regulatory authority.\u202f This creates a viable pathway for secondary market liquidity for SQMU tokens, subject to exchange-specific admission criteria.Classification of SQMU Tokens Under Malaysian LawToken TypeClassification Under SC GuidelinesKey RequirementsSQMU (Equity Token)Security (shares in SPV)Prospectus or exemption; CMS licence for platform; KYC\/AMLSQMU\u2011R (Rental Rights Token)Security (debenture or collective investment scheme)Prospectus or exemption; regulated under Capital Markets Services Act 2007The SQMU Standard and SC\u2019s Emphasis on TransparencyThe SQMU standard\u2019s core principle\u20141 SQMU token = 1 verified square metre of property\u2014directly addresses the SC\u2019s emphasis on transparency and investor protection. Under the SC\u2019s Guidelines on Digital Assets, issuers must provide full and accurate disclosure of material information about the token and the underlying asset. SQMU\u2019s supply determinism (total token supply equals the property\u2019s certified area) and immutable onchain records provide:Verifiable backing:\u00a0The token supply is mathematically constrained by physical reality, not by issuer discretion.Transparent valuation:\u00a0Token price can be anchored to the appraisal per square metre, giving investors a clear reference.Auditable supply:\u00a0Regulators can query the smart contract to confirm that no additional tokens have been minted beyond the certified area.Investor trust:\u00a0Open\u2011source code allows investors to verify the token\u2019s logic independently.BNM\u2019s Asset Tokenisation Roadmap and SQMU\u2019s AlignmentBNM\u2019s three\u2011year roadmap (2026\u20132028) focuses on proving tokenisation\u2019s viability for financial inclusion, SME financing, and Islamic finance. The roadmap unfolds in three phases:PhaseTimelineFocusPhase 1 \u2013 Planning and Industry Feedback2025Launch initiative, publish discussion paper, seek industry feedbackPhase 2 \u2013 Proof\u2011of\u2011Concept and Pilot2026Conduct PoC projects and live pilots through DAIHPhase 3 \u2013 Expanded Pilot and Regulatory Assessment2027Scale up pilots, assess impact on legal and regulatory frameworksSQMU aligns with this roadmap in several ways:Fractional ownership:\u00a0SQMU\u2019s micro\u2011fractionalisation (1\u202fm\u00b2 units) lowers barriers for retail investors, supporting financial inclusion.Open\u2011source transparency:\u00a0BNM\u2019s emphasis on clear economic value is supported by SQMU\u2019s auditable, deterministic design.Islamic finance:\u00a0SQMU\u2019s asset\u2011backed, transparent structure can be adapted for Shariah\u2011compliant offerings (e.g., via Labuan\u2019s IDAC framework).Cross\u2011border compatibility:\u00a0SQMU\u2019s EVM foundation allows integration with regional tokenisation initiatives.Land Law and the SPV Model in MalaysiaA critical requirement for compliant real estate tokenisation in Malaysia is the use of a Special Purpose Vehicle (SPV) to hold legal title to the property. The SPV is typically a private limited company (Sdn. Bhd.) or a trust under a licensed trustee. The SPV holds the property title, and the SQMU tokens represent shares or beneficial interests in that SPV.Why an SPV Is RequiredLegal title cannot be tokenised directly:\u00a0Under the National Land Code, legal title to land passes only by registration at the relevant state land office. A blockchain token cannot by itself transfer ownership.Investor protection:\u00a0The SPV provides a clear legal framework for shareholder rights, including voting, distributions, and dispute resolution.Regulatory alignment:\u00a0The SC recognises the SPV model for tokenised real estate, as it ensures that tokens represent regulated securities (shares in the SPV).SPV Structuring ConsiderationsElementRequirementEntity typeSdn. Bhd. (private limited company) or trustShare capitalDivided into units equal to the property\u2019s area (for 1\u202fm\u00b2 standard)Constitutional documentsMust reflect token holder rights, transfer restrictions, and governanceLand registrationSPV registered as property owner at state land officeShare registerMust be maintained and reconciled with onchain token holdingsThe total supply of SQMU tokens for the property is set to exactly match the SPV\u2019s issued share capital (area in square metres). Each token corresponds to one share. This creates a clean 1:1 mapping between digital tokens and legal ownership interests.Implementation of the SPV Model with SQMUThe SPV holds the property title (registered at the state land office).The SPV\u2019s shares are divided into units equal to the property\u2019s area in square metres.The SQMU ERC\u20111155 smart contract is deployed with total supply equal to that area.Tokens are issued to investors, representing shares in the SPV.The SPV\u2019s constitutional documents specify that token holders have the same rights as share holders (dividends, voting, etc.).The smart contract enforces transfer restrictions, whitelist controls, and jurisdictional caps.For a step\u2011by\u2011step guide to implementing the SPV model with SQMU, refer to the open\u2011source deployment guide.SQMU\u2019s ERC\u20111155 Implementation: A Technical OverviewThe SQMU standard is built on ERC\u20111155, a multi\u2011token standard that allows a single contract to represent many properties, each with its own token ID. This architecture is particularly well\u2011suited to Malaysia\u2019s regulatory environment.Key Technical FeaturesPer\u2011property token IDs:\u00a0Each property receives a unique token ID (e.g., SQMU\u2011MY\u2011001 for a Kuala Lumpur condo). This simplifies portfolio management and allows investors to hold tokens for multiple properties within the same wallet.Supply determinism:\u00a0When the SQMU token is minted for a property, the total supply for that token ID is set in the constructor and cannot be changed. After minting, the ID is locked to prevent any action that could increase supply later, without a contract\u2011level override. The property\u2019s area is recorded in the token metadata, along with the title deed reference and the surveyor\u2019s certification hash.Whitelist controls:\u00a0Only KYC\u2011verified wallet addresses can hold tokens, meeting the SC\u2019s AML requirements.Transfer restrictions:\u00a0Lock\u2011up periods or jurisdictional caps can be enforced automatically, supporting compliance with prospectus exemptions.Atomic distribution:\u00a0Primary sales are handled by the\u00a0AtomicSQMUDistributor\u00a0contract, ensuring that payment (in Ringgit or approved stablecoins) and token transfer happen simultaneously.Upgradeable proxies (optional):\u00a0Compliance rules can be updated without redeploying core logic, allowing adaptation to regulatory changes.How SQMU\u2019s ERC\u20111155 Implementation Ensures Compliance with SC GuidelinesSC RequirementHow SQMU Addresses ItLicensing for token issuance platformsThe WordPress plugin\u2019s one\u2011click deployment can be used only by licensed entities. The plugin does not circumvent licensing requirements.Prospectus or exemptionWhitelist controls ensure only eligible investors (e.g., accredited investors) can participate in exempt offerings.KYC\/AML complianceWhitelist controls restrict token holding to verified wallets. KYC integration is supported via the plugin.Investor protectionOpen\u2011source contracts allow investors to audit the code. Supply determinism prevents dilution.Custody and tradingTokens can only be traded on licensed DAXs, enforced by whitelist controls that restrict trading to exchange addresses.DisclosureOnchain metadata includes property details, surveyor certification, and SPV references.AML surveillanceEvery transaction is recorded onchain, providing an immutable audit trail for regulators.For developers and issuers, the SQMU WordPress plugin reduces deployment complexity to a few clicks, while ensuring that the underlying contracts meet the SC\u2019s expectations.Practical Example: Tokenising a Kuala Lumpur Condo with SQMUConsider a 100\u202fm\u00b2 condominium in Kuala Lumpur, valued at RM 800,000. The property generates annual rent of RM 48,000.Step 1: Property Assessment and SPV FormationA licensed surveyor certifies the property\u2019s area as 100\u202fm\u00b2.An SPV (Sdn. Bhd.) is formed to hold the title. Its share capital is divided into 100 shares (1 share per m\u00b2).Step 2: Regulatory ComplianceThe token offering is structured as a private placement to accredited investors (exempt from prospectus requirement).The issuer holds the necessary CMS licence or partners with a licensed platform.KYC\/AML checks are conducted, and investor wallets are whitelisted.Step 3: SQMU Contract DeploymentUsing the SQMU WordPress plugin, the issuer deploys the ERC\u20111155 contract on Arbitrum or Base.A new token ID is created for the property, with total supply set to 100.The token metadata includes the property\u2019s title deed reference, surveyor certification, and the SPV\u2019s registration number.Step 4: Token DistributionInvestors purchase tokens via the atomic distributor, paying in Ringgit (converted to stablecoin) or USDC.Each token represents 1% of the SPV\u2019s shares.Step 5: Secondary TradingTokens are listed on an SC\u2011licensed DAX for secondary trading, subject to the exchange\u2019s admission criteria.Step 6: Ongoing ComplianceThe SPV files annual returns with the Companies Commission of Malaysia (SSM).KYC records are maintained. AML transaction monitoring is conducted.The open\u2011source SQMU standard ensures that every step is transparent, auditable, and aligned with Malaysian law.Milestones for Deploying SQMU in MalaysiaPhaseActivitiesTimelineWeek 1 \u2013 Legal & SPVEngage local counsel; form Sdn. Bhd. SPV; register property title1 weekWeek 2 \u2013 RegulatoryConfirm exemption; conduct KYC\/AML; whitelist wallets1\u20132 weeksWeek 3 \u2013 TechnicalInstall WordPress + SQMU plugin; deploy contracts; mint tokens2\u20133 daysWeek 4 \u2013 DistributionPublish listing; sell tokens via atomic distributor1\u20134 weeksOngoingFile annual returns; monitor AML; comply with SC reportingContinuousConclusionMalaysia has positioned itself as a proactive and structured jurisdiction for real estate tokenisation. The Securities Commission\u2019s Guidelines on Digital Assets provide a clear regulatory pathway, Bank Negara\u2019s three\u2011year roadmap demonstrates government\u2011led commitment, and Labuan offers an alternative offshore framework with Islamic digital asset capabilities. The January 2026 launch of Viia Residences\u2014a live, globally accessible tokenised real estate project\u2014proves that compliant execution is already achievable.The open\u2011source SQMU standard, with its ERC\u20111155 multi\u2011token architecture and 1\u202fm\u00b2 supply determinism, is designed to operate within this framework. By combining transparent smart contracts, whitelist controls, and a modular compliance layer, SQMU enables issuers to meet SC requirements while reducing technical complexity. The WordPress plugin provides an accessible deployment interface, and the open\u2011source nature of the code ensures auditability and long\u2011term vendor independence.For property owners, developers, and platforms ready to tokenise real estate in Malaysia, the path is now clear. Explore the\u00a0open\u2011source SQMU code, install the\u00a0WordPress plugin, and contact\u00a0consulting services\u00a0for guidance on SC licensing, SPV structuring, and Labuan frameworks.The future of real estate tokenisation in Malaysia is not years away\u2014it is being built now, with open standards and transparent infrastructure.Further ReadingReal Estate Tokenisation in Malaysia: SC Guidelines, BNM Roadmap & SQMUOpen Source Real Estate Tokenisation: The SQMU StandardSQMU Standard: Real Estate Tokenisation by the Square MetreWordPress Real Estate Tokenisation Plugin \u2013 One\u2011Click SQMU DeploymentHow Distribution, Investor Access, and Market Making Drive Tokenised Real Estate PlatformsReal Estate Tokenisation in Singapore: MAS Framework\u00a0Share with friends:\t\t\t\tShare on Telegram (Opens in new window)\t\t\t\tTelegram\t\t\t\t\t\t\tShare on WhatsApp (Opens in new window)\t\t\t\tWhatsApp\t\t\t\t\t\t\tEmail a link to a friend (Opens in new window)\t\t\t\tEmail\t\t\t\t\t\t\tShare on LinkedIn (Opens in new window)\t\t\t\tLinkedIn\t\t\t\t\t\t\tShare on Facebook (Opens in new window)\t\t\t\tFacebook\t\t\t"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Guide","item":"https:\/\/sqmu.net\/guide\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"2026","item":"https:\/\/sqmu.net\/guide\/\/2026\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"04","item":"https:\/\/sqmu.net\/guide\/\/2026\/\/04\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"Malaysia\u2019s Digital Asset Laws and SQMU\u2019s ERC\u20111155 Implementation","item":"https:\/\/sqmu.net\/guide\/2026\/04\/malaysias-digital-asset-laws-and-sqmus-erc-1155-implementation\/#breadcrumbitem"}]}]