SC reprimands Remitano, seeks to block website access


In a press release issued yesterday, the SC said Remitano has also been included on its ‘Investor Alert list’, which is updated regularly to alert members of the public. “The SC views this transgression as serious and is working with the Malaysian Communications and Multimedia Commission (MCMC) to block Remitano’s website."

KUALA LUMPUR: The Securities Commission Malaysia (SC) has reprimanded Remitano, a P2P cryptocurrency exchange for operating a digital asset exchange (DAX) in Malaysia without authorisation from the regulator.

In a press release issued yesterday, the SC said Remitano has also been included on its ‘Investor Alert list’, which is updated regularly to alert members of the public.

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