Monday, March 12, 2018

Caution on unauthorized cryptocurrency investment platform Coinzer- BANK NEGARA MALAYSIA

BNM would like to state that it does not authorise or endorse the cryptocurrency platform called Coinzer. The use of BNM logo and Jata Negara on the proposed physical coin design, white paper and website https://www.coinzer.co are unauthorised.
Members of the public are advised to exercise caution and carefully evaluate the risks associated with investment in digital currencies.
Digital currencies are not legal tender in Malaysia. Accordingly, digital currencies are not covered by prudential and market conduct standards or arrangements that are applicable to financial institutions regulated by BNM.

Lawyer and Anti Money Laundering (AMLA) Law in Malaysia

Knowledge Sharing : Lawyers  and  AMLA in Malaysia. Lawyers  are classified as a Reporting  Institutions  under Designated Non Financial  Bu...