Meet the 43 Cryptocurrency Exchanges in Malaysia Registered with BNM

Meet the 43 Cryptocurrency Exchanges in Malaysia Registered with BNM

by October 2, 2018

Bank Negara Malaysia has published the list of cryptocurrency exchanges in Malaysia that has registered itselves as a reporting entity with the regulator. This follows our report issuance of the policy paper titled “Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies (Sector 6)”.

Registered Entity is Not The Same As Regulated

While these entities are registered with the central bank we would like to reiterate as we did in our previous articles that, Bank Negara Malaysia emphasises in this policy paper that reporting organisations i.e exchanges are not allowed to portray itself as a licensed entity under the central bank though they have reporting obligations to the regulator.

No Investor Protection Element, Only Meant to Counter Money Laundering and Terrorism Financing

Investors in cryptocurrencies should also be mindful that since these exchanges are only reporting entities and not regulated entities, there will be no elements of consumer protection the will be no formal channels in which investors can seek redress should there be any losses incurred when dealing with cryptocurrencies.

The regulation also does not address cyber-security aspects, which means if any losses were to be incurred due to hacks, it is likely that Bank Negara won’t be able to intervene and protect the consumers. The policy paper and having exchanges report to Bank Negara Malaysia is only primarily geared at preventing money laundering and terrorism financing.

Some Less Than Reputable Companies in the List

It’s also worth mentioning that several of the companies included in this list have questionable reputation. Take BCMY Pvt. Ltd. and Blockchain Developer Sdn Bhd (MPW) for example, both companies have known affiliations with Dinar Dirham which is listed in Bank Negara’s watchlist

Many in the community have also raised concerns about Everus’ legitimacy, though we are unable to conclusively prove their legitimacy one way or the other.

Having said that, it is prudent for us to once again reiterate that, this list from Bank Negara Malaysia should not be viewed as an endorsement from the regulator nor from us.

With that out of the way, let us have a look at some of the cryptocurrency exchanges in Malaysia registered with Bank Negara Malaysia.

ADD-Token-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: ADD Blockchain
Website: http://www.addwill.co/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum, Ripple, DASH, zCash, Bitcoin Cash

bcmy-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: BCMY Pte. Ltd.
Website: http://bcmy.io/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum, Ripple, DASH, zCash, Bitcoin Cash

bitmalay-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: BitMalay Sdn Bhd
Website: N/A
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, Bitcoin Cash,
Stellar, Cardano, Tron, Litecoin, Ethereum

bitpoint-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: Bitpoint Malaysia Sdn Bhd
Website: https://www.bitpoint.com.my/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, Bitcoin Cash,
Litecoin

blokmy-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: BLOKMY Sdn. Bhd
Website: https://blokmy.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, Bitcoin Cash,
Litecoin

Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM---BXM

Registered Name: BXM Sdn Bhd
Website: https://www.exchangemalaysia.io/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum

b4u-wallet-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: B4U EXC (M) Sdn. Bhd.
Website: http://www.b4uwallet.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, Bitcoin Cash

Belfrics-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: Belfrics Malaysia Sdn. Bhd.
Website: https://malaysia.belfrics.com/
Traded Cryptocurrency Listed on BNM:  Bitcoin, Ether, Ripple, Bitcoin Cash,
Litecoin, Berlium tokens (BET)

coinut-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: Coinut Sdn. Bhd.
Website: https://coinut.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Zcash, Litecoin, USDT,
Ether Classic, Monero

Coins.my Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM

Registered Name: Arbor Digital Sdn. Bhd.
Website: https://coins.my/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum

coinceo-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: Coinceo Sdn. Bhd.
Website: https://www.coinceo.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Litecoin, Bitcoin Cash

crystalmining-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: Crystal IT Management Sdn. Bhd.
Website: http://www.crystalethminer.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether

Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM---CoinHako

Registered Name: Chako Global Sdn Bhd
Website: https://www.coinhako.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum

 

exqube-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name:Quest Mining Technologies Sdn. Bhd.
Website: https://www.exqube.com/my/
Traded Cryptocurrency Listed on BNM: ETH

 

fintech-capital-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: Fintech Capital Sdn. Bhd.
Website: https://www.fintechcapital.co/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, DASH, Bitcoin Cash

finx-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: FINX Blockchain Sdn. Bhd.
Website: https://www.fintechcapital.co/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple

-cryptocurrency-exchanges-in-malaysia-registered-bnm-everus

Registered Name: Everus Technologies Sdn. Bhd.
Website: www.everus.org
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum, Litecoin, EVR

GetCoinApp-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name:Blockchain Street Sdn. Bhd.
Website: https://getcoinapp.com/
Traded Cryptocurrency Listed on BNM: BTC

gomex-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name:Bit Trade Enterprise Sdn. Bhd.
Website: https://gomex.io/
Traded Cryptocurrency Listed on BNM: BTC

Registered Name:Bit Trade Enterprise Sdn. Bhd.
Website: https://gomex.io/
Traded Cryptocurrency Listed on BNM: BTC

jonvi-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name:Jonvi Marketing Sdn. Bhd.
Website: http://www.jonvi.com/
Traded Cryptocurrency Listed on BNM: BTC, JE Token

-cryptocurrency-exchanges-in-malaysia-registered-bnm-luno

Registered Name: BitX Malaysia Sdn. Bhd.
Website: https://www.luno.com/en/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Bitcoin Cash

-cryptocurrency-exchanges-in-malaysia-registered-bnm-mumain

Registered Name: Shaneja Capital Sdn. Bhd.
Website: https://mumain.io/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum

-cryptocurrency-exchanges-in-malaysia-registered-bnm-mpw

Registered Name: Blockchain Developer Sdn. Bhd.
Website: https://mypw.io/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, Pitis, Ether Classic

-cryptocurrency-exchanges-in-malaysia-registered-bnm-mx-exchange

Registered Name:Arxchange Sdn. Bhd, Mx Global Sdn Bhd
Website: https://mx.exchange
Traded Cryptocurrency Listed on BNM: Bitcoin, Ethereum

 novadex

Registered Name:Sky 88 Marketing (Sole Proprietor)
Website: https://novadex.io/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether

-cryptocurrency-exchanges-in-malaysia-registered-bnm-nu-money

Registered Name: Numex Sdn. Bhd.
Website: https://www.numoney.my/my
Traded Cryptocurrency Listed on BNM: Ethereum

OpenbitCryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: OpenBit Sdn. Bhd
Website: http://www.openbit.com.my/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Bitcoin Cash

Ourcoin-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: OurCoin BlockChain Technology Sdn. Bhd
Website: http://www.openbit.com.my/
Traded Cryptocurrency Listed on BNM: Bitcoin

Overswitch-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM

Registered Name: Peer Direct Sdn Bhd
Website: http://www.overswitch.io/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Bitcoin Cash, Nitro

-cryptocurrency-exchanges-in-malaysia-registered-bnm-pinkexc

Registered Name: PinkEXC (M) Sdn Bhd
Website https://www.pinkexc.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Litecoin, Dashcoin, Dogecoin

Slithex-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: Rocket Integration Technology Sdn. Bhd.
Website https://slithex.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, DASH, Zcash,
Bitcoin Cash, Ethereum, Litecoin,
Ethereum Classic, Monero, USD Tether,
EOS, IOTA, NEO, OmiseGo, AltCoin

Sinegy-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: Sinegy Technologies (M) Sdn. Bhd.
Website https://sinegy.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Tether, Ripple, Bitcoin
Cash

Registered Name: Tide Digital Sdn. Bhd
Website: https://www.tidebit.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Bitcoin Cash, XPA, CBT,
EOS

Tokenize-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: Tokenize Technology (M) Sdn. Bhd
Website https://tokenize.exchange/#/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Bitcoin Cash, Litecoin

UNQEX-cryptocurrency-exchanges-in-malaysia-registered-bnm

Registered Name: UNQEX Sdn Bhd
Website: https://www.unqex.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, Litecoin, BitcoinGold, Bitcoin Cash, Augur, Omisego,TenX, Golem, Basic Attention Token,Kiber Network, Ox, Funfair, Civic, EOS, Uniq, TetherUS, UNQ

Vardiz-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: Vardiz Commerce Sdn. Bhd
Website: http://www.vardiz.com/
Traded Cryptocurrency Listed on BNM: Bitcoin

VHEX-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: Metro Hexagon Sdn. Bhd.
Website: https://vhcex.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether

-cryptocurrency-exchanges-in-malaysia-registered-bnm-xbit

Registered Name: Xbit Asia Sdn. Bhd.
Website: http://www.xbitasia.com/
Traded Cryptocurrency Listed on BNM: Bitcoin

YOXEX-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM-

Registered Name: NIEXX Sdn Bhd.
Website: http://www.yoxex.com/
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, Ripple, DASH, Zcash,
Bitcoin Cash

Futurevest-nologo-Cryptocurrency-Exchange-in-Malaysia-Registered-with-BNM

Registered Name: Futurevest Sdn Bhd
Website: Website Unvailable
Traded Cryptocurrency Listed on BNM: Bitcoin, Ether, QTUM, BUC

 

We’re certain as time progresses more companies will be registered in Bank Negara list of reporting entities and we’ll keep our readers posted when there are more developments, if you’re interested to read Luno’s official press statement on being a reporting entity you can also check it out here.

Editor’s Note: This is an updated from an article written in April 2018. It was last updated on 2nd October 2018.

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  1. Alvin Chiam
    #1 Alvin Chiam 12 April, 2018, 08:15

    Good

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