SC: Malaysia only has 3 Digital Asset Exchanges (DAX) currently

Following the coming into force of the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 on 15 January 2019, and the subsequent issuance of the revised Guidelines on Recognized Markets on 31 January 2019 to introduce new requirements for DAX operators, the SC has now registered three Recognized Market Operators (RMOs) to establish and operate digital asset exchanges in Malaysia.

Entities which have not been approved by the SC, including those which have previously been operating under the transitional period, are required to cease all activities immediately and return all monies and assets collected from investors.

These lists will regularly be updated and members of the public are encouraged to refer to these lists when dealing with digital asset exchanges.

(Updated list as of 1 June 2019)

Registered Recognized Market Operators - Digital Asset Exchanges

1. Luno Malaysia Sdn Bhd
2. SINEGY Technologies (M) Sdn Bhd
3. Tokenize Technology (M) Sdn Bhd
4. MX Global Sdn Bhd (new)

List of Digital Asset Exchanges NOT Permitted to Continue Operations Effective 1 June 2019

1. AES Signatum Berhad
2. Arbor Digital Sdn Bhd
3. B4U EXC (M) Sdn Bhd
4. Belfrics Malaysia Sdn Bhd
5. BitPoint Management Sdn Bhd
6. BLOKMY Sdn Bhd
7. Chako Global Sdn Bhd
8. Ezytronic Sdn Bhd
9. Finx Capital Sdn Bhd
10. GetCoinApp Sdn Bhd
11. Giga Ex Sdn Bhd
12. MCP International Sdn Bhd
13. MX Global Sdn Bhd
14. Pinkexc (M) Sdn Bhd
15. MBAEX Online Pte Ltd
16. UDAX International Sdn Bhd
17. Upbit Malaysia Sdn Bhd
18. Vardiz Commerce Sdn Bhd
19. Xbit Asia Sdn Bhd

Source: Securities Commission Malaysia

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