How is Fusang regulated?

Fusang is the first exchange in Asia to obtain a securities exchange licence from the Labuan FSA of Malaysia as a fully licensed securities exchange for digital assets.
We hold the below licences to ensure Fusang is a licensed entity that complies with traditional securities regulations. 
  1. Fusang Exchange Ltd in Labuan: Securities Exchange Licence, under Section 133 of the Labuan Financial Services and Securities Act 2010. This licence allows us to act as the primary listing venue for companies to go public and allow retail investors to trade in their shares.
  2. Fusang Exchange Ltd in Labuan: Money-Broking Licence, under Section, 86 of the Labuan Financial Services and Securities Act 2010. This licence allows us to trade both fiat & cryptocurrencies.
  3. Fusang Fund Management Ltd in Labuan: Fund Manager Licence, under Section 44 of the Labuan Financial Services and Securities Act 2010. This licence allows us to act as fund manager, subject to the fulfilment of the conditions set out by Labuan FSA by 30 September 2022. 
  4. Fusang Custody Limited in Hong Kong: Trust or Company Services Provider (TCSP), under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance ("AMLO"). This licence allows us to act as custodian for fiat, crypto, and blockchain-native shares.