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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 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.


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