SC reprimands Remitano, includes in investor alert list


  • Markets
  • Tuesday, 13 Apr 2021

KUALA LUMPUR: The Securities Commission Malaysia (SC) has reprimanded Remitano for operating a digital asset exchange (DAX) in Malaysia without authorisation and has included the entity on its Investor Alert list.

In a statement today, the regulator said it viewed this transgression as serious and is working with the Malaysian Communications and Multimedia Commission (MCMC) to block Remitano’s website.

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