“Oceanbase
Oceanbase
Oceanbase
Close Menu
    • About Fintech News Network
    • Work With Us
    • Contact Us
    • Media Kit
    • Advertise With Us
    • Fintech Malaysia Newsletter
    • Submit Fintech Startup
    • Submit Press Release
    • Submit Interview Request
    • Submit Fintech Event
    • Submit Vacancy
    • Webinar Inquiry APAC
    • Fintech Startups in Malaysia
    LinkedIn Facebook X (Twitter) YouTube RSS
    • About Fintech News Network
      • Work With Us
    • Contact Us
    • Media Kit
    • Advertise With Us
    • Fintech Malaysia Newsletter
    • Submit
      • Submit Fintech Startup
      • Submit Press Release
      • Submit Interview Request
      • Submit Fintech Event
      • Submit Vacancy
      • Webinar Inquiry APAC
    • Fintech Events in Malaysia
    • MY Fintech Startup Directory
    Fintech News Malaysia

    Fintech News Network 10-Year Anniversary

    LinkedIn Facebook X (Twitter) YouTube RSS
    Free Newsletter
    • Blockchain
    • Lending
    • Payments
    • Insurtech
    • Wealthtech
    • Regtech
    • Report
    • Startups
    • Events
    • Jobs
    Fintech News Malaysia

    Fintech News Network 10-Year Anniversary

    Home»Blockchain/Bitcoin»IRB Lifts Freeze on Luno
    Blockchain/Bitcoin

    IRB Lifts Freeze on Luno

    Fintech News MalaysiaFintech News MalaysiaFebruary 5, 20181 Min Read
    LinkedIn Facebook Twitter Copy Link Telegram Email
    Share
    LinkedIn Facebook Twitter Telegram Copy Link Email
    Free Newsletter

    Get the hottest Fintech Malaysia News once a month in your Inbox

    Earlier in January Malaysian tax officials the Inland Revenue Board froze the bank account of popular cryptocurrency exchange, Luno. The account was frozen pending an investigation relating to tax matters.

    Luno users were still able to trade cryptocurrencies but were unable to convert their ETHs and BTCs into Ringgit Malaysia. This led to many Luno users cashing out their cryptocurrencies via other exchanges like Remitano despite suffering losses due price differences between the platforms and exchange fees.

    According to a statement issued by Luno, the Inland Revenue Board has agreed to unfreeze Luno’s bank account while it completes the investigation. Luno is now working closely with Maybank to have the account operational again. At the time of writing, Fintech News Malaysia tested withdrawal availability with no success.

     

    Luno
    Share. LinkedIn Facebook Twitter Telegram Copy Link Email

    Author

    Avatar photo
    Fintech News Malaysia
    • Facebook
    • X (Twitter)

    Related Posts

    Malaysia and Singapore Launch Initiative for Digital Trade Data Exchange

    May 27, 2025

    Malaysian Heritage Project Launches Sejarah Token Fundraising Campaign via pitchIN

    May 26, 2025

    Cosmos (ATOM) Now Available for Staking on Luno Malaysia

    May 19, 2025

    CoKeeps and Maybank Trustees to Explore Blockchain-Based Asset Management

    May 14, 2025

    SC Malaysia Launches Consultation on Tokenised Capital Market Products

    May 6, 2025

    Collaboration Is Key to Institutional Crypto Success in Malaysia

    April 29, 2025

    Luno Adds SC-Approved Coins Algorand and NEAR to Platform

    April 25, 2025

    Affin Bank Brings Shariah-Compliant Halogen Bitcoin Fund to High-Net-Worth Investors

    March 19, 2025
    Blockchain/BitcoinSponsored

    Collaboration Is Key to Institutional Crypto Success in Malaysia

    April 29, 2025
    Fintech Malaysia Newsletter
    Subscribe to the most important Fintech Malaysia News
    Follow Us
    • LinkedIn
    • Facebook
    • Twitter
    • YouTube
    Featured Fintech Award

    Public Voting

    Featured Fraud Solution

    Featured Fraud Solution

    Featured Webinar

    How APAC Banks Can Leverage SaaS to Compete & Collaborate

    Featured Whitepaper

    Featured Reports

    Sumsub Identity Fraud Report 2024-2025

    APAC Insights from LexisNexis Risk Solutions Cybercrime Report

    Financial Crime Landscape in Malaysia Q4 2024

    The future of deposits 2025

    Featured Fintech Events

    Hong Kong FinTech Week x StartmeupHK Festival 2025

    Sumsub Fraud Summit 2025

    Featured Fintech Video

    The Future of Islamic Digital Banking

    Webinar Replay

    Cracking the Code of Asia's Banking Trends in 2025 and Beyond-Temenos

    Upcoming Fintech Events
    OceanBase INFINITY CxO Special | Malaysia Edition
    June 18, 2025
    Malaysia
    -
    Kuala Lumpur
    Featured
    Beyond Legacy: How APAC Banks Can Leverage SaaS to Compete & Collaborate
    June 26, 2025
    Featured Online
    Fintech Revolution Summit 2025
    July 23, 2025
    Malaysia
    -
    Kuala Lumpur
    Hong Kong FinTech Week x StartmeupHK Festival 2025
    November 3, 2025
    -
    November 7, 2025
    What the Fraud Summit
    November 19, 2025
    -
    November 20, 2025
    Singapore
    View More
    Promote Event
    Fintech Jobs
    Client Operations Analyst at Endowus
    Full-time, Remote
    Endowus
    View
    Fraud Analyst
    Kuala Lumpur, Full-time
    MoneyLion
    View
    Associate, e-KYC Data Entry (12 months Contract)
    Kuala Lumpur, Contractor
    TNG Digital
    View
    Senior Manager - HRBP
    Kuala Lumpur, Full-time
    Razorpay
    View
    Head of Risk Management
    Kuala Lumpur, Full-time
    PayNet
    View
    View More
    Add Vacancy
    Malaysia Fintech Report 2024

    MY Fintech Map 2024

    Singapore Fintech Report 2024

    Singapore Fintech Report 2024

    Philippines Fintech Report 2024

    PH report 2024

    UAE Fintech Report 2024

    UAE Fintech Map 2024


    Whitepapers & E-Books
    Financial Crime Landscape in Malaysia Q4 2024: Emerging Trends and Countermeasures
    Financial Crime Landscape in Malaysia Q4 2024: Emerging Trends and Countermeasures
    Tookitaki
    APAC Insights from LexisNexis Risk Solutions Cybercrime Report
    APAC Insights from LexisNexis Risk Solutions Cybercrime Report
    LexisNexis Risk Solutions
    The Future of Deposits 2025
    The Future of Deposits 2025
    Mambu
    Traditional Finance and Crypto in Malaysia: The Intersection Between the Old and the New
    Traditional Finance and Crypto in Malaysia: The Intersection Between the Old and the New
    Luno


    Navigation
    • About Fintech News Network
    • Advertise With Us
    • Media Kit
    • Work With Us
    • Contact Us
    • Fintech Malaysia Newsletter
    • Submit Fintech Startup
    • Submit Fintech Event
    • Submit Interview Request
    • Submit Press Release
    • Submit Vacancy
    • Fintech Events in Malaysia
    • Directory
    • Privacy Policy / Disclaimer
    Other Fintech News Network Publications
    Fintech News Malaysia
    Fintech News Singapore
    Fintech News Hong Kong
    Fintech News Philippines
    Fintech News Network Indonesia
    Fintech News Network Thailand
    Fintech News Switzerland
    Fintech News Baltic
    Fintech News Nordics
    Fintech News America
    Fintech News Middle East
    Fintech News Africa
    Get Informed

    Subscribe to Updates

    Subscribe to the most important Fintech Malaysia News

    LinkedIn Facebook X (Twitter) YouTube RSS
    • About Fintech News Network
    • Advertise With Us
    • Media Kit
    • Work With Us
    • Contact Us
    • Fintech Malaysia Newsletter
    • Submit Fintech Startup
    • Submit Fintech Event
    • Submit Interview Request
    • Submit Press Release
    • Submit Vacancy
    • Fintech Events in Malaysia
    • Directory
    • Privacy Policy / Disclaimer
    © 2015 - 2025 Copyright CK Finanzpro GmbH. All Rights reserved.

    Type above and press Enter to search. Press Esc to cancel.