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There are 56 cryptocurrency firms registered with BNM

savemalaysia
Publish date: Wed, 06 Jan 2021, 03:34 PM

KUALA LUMPUR (Jan 6): There are 56 firms dealing with digital currencies that have registered themselves as institutions reporting to Bank Negara Malaysia (BNM).

In a statement, BNM advised the public that the information made available does not in any way indicate licensing, authorisation or endorsement by the central bank of any digital currency exchangers or any other entities involved in providing services associated with digital currencies.

"BNM does not validate any information declared by reporting institutions, nor endorse the pricing methodologies used by digital currency exchangers.

"Consumers are advised to exercise the necessary caution and understand risks associated with digital currencies," it said.

BNM also warned the public should be aware that any dealings involving digital currencies are not covered by prudential and market conduct requirements applicable to licensed and authorised activities.

"There will not be any elements of consumer protection or avenues for redress made available in the event of complaints or losses and damages incurred by any parties dealing in digital currencies," it added.

List of reporting institutions dealing with digital currencies declared to BNM:
01. ADD Blockchain Sdn Bhd
02. Arbor Digital Sdn Bhd
03. B4U EXC (M) Sdn Bhd
04. BCMY (M) Sdn Bhd
05. Belfrics Malaysia Sdn Bhd
06. Bit Malay Sdn Bhd
07. Bitpoint Malaysia Sdn Bhd
08. Bitazza Sdn Bhd
09. Big X Blockchain (M) Sdn Bhd
10. Bit Trade Enterprise Sdn Bhd
11. Blockchain Developer Sdn Bhd
12. Blockchain Specialist Sdn Bhd
13. Blockchain Street Sdn Bhd
14. BLOKMY Sdn Bhd
15. Bong Technology Sdn Bhd
16. BXM Sdn Bhd
17. Cayame Sdn Bhd
18. Chako Global Sdn Bhd
19. Coinceo Sdn Bhd
20. Coinut Sdn Bhd
21. CSL Block Chain Technology Sdn Bhd
22. Dacxi Consulting Sdn Bhd
23. Digital Fintech Sdn Bhd
24. Everus Technologies Sdn Bhd
25. EZYTRONICS Sdn Bhd
26. Fintech Capital Sdn Bhd
27. FINX Blockchain Sdn Bhd
28. Futurevest Sdn Bhd
29. Globa Capital Bhd
30. Hartatek Resources Sdn Bhd
31. Jonvi Marketing Sdn Bhd
32. Luno Malaysia Sdn Bhd
33. MBW Capital Sdn Bhd
34. MX Global Sdn Bhd
35. NIEXX Sdn Bhd
36. Numex Sdn Bhd
37. OpenBit Sdn Bhd
38. OurCoin BlockChain Technology Sdn Bhd
39. PayX Capital (M) Sdn Bhd
40. Peer Direct Sdn Bhd
41. PinkExc (M) Sdn Bhd
42. Quest Mining Technologies Sdn Bhd
43. Red Puffer Sdn Bhd
44. Rocket Integration Technology Sdn Bhd
45. Sinegy Technologies (M) Sdn Bhd
46. Sky 88 Marketing (sole proprietor)
47. Stella Technology Sdn Bhd
48. Tide Digital Sdn Bhd
49. Tokenize Technology (M) Sdn Bhd
50. Vardiz Commerce Sdn Bhd
51. VH Technologies Sdn Bhd
52. UDAX International Sdn Bhd
53. Unicoin DCX Sdn Bhd
54. UNQEX Sdn Bhd
55. Upbit Malaysia Sdn Bhd
56. Xbit Asia Sdn Bhd

https://www.theedgemarkets.com/article/there-are-56-cryptocurrency-firms-registered-bnm

Discussions
Be the first to like this. Showing 2 of 2 comments

DickyMe

""There will not be any elements of consumer protection or avenues for redress made available in the event of complaints or losses and damages incurred by any parties dealing in digital currencies," it added."

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Completely irresponsible statement by BNM.

This promotes scam.

2021-01-06 15:57

icecool

scamdamic

2021-01-06 20:24

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