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Bank Negara cautions public on cryptocurrency platform

March 12, 2018 10:57 AM
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The headquarters of Bank Negara Malaysia in Kuala Lumpur, March 30, 2015. — Picture by Yusof Mat IsaKUALA LUMPUR, March 12 — Bank Negara Malaysia (BNM) does not authorise or endorse the Coinzer, a cryptocurrency platform.

“The use of BNM logo and Jata Negara on the proposed physical coin design, white paper and website https://www.coinzer.co are unauthorised,” the central bank said on its website.

BNM advised the public to exercise caution and carefully evaluate the risks associated with investments in digital currencies.

Source: themalaymailonline.com

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