New cryptocurrency exchange to be launched next month

Two-year run: Fakhrul says Pinkexc has been in the digital currency exchange business since 2016.

KUALA LUMPUR: A homegrown cryptocurrency exchanger is launching a revamped version of its trading venue, targeting strong market appetite for the alternative asset class, amid increased regulatory scrutiny on the sector.

Ipoh-based Pinkexc Sdn Bhd founder and chief executive officer Fakhrul-Razi Abu Bakar said the new platfom is scheduled to go live in February, six months after he took it offline to facilitate a major upgrade of its system.