KUALA LUMPUR: The Securities Commission Malaysia (SC) has reprimanded Remitano for operating a digital asset exchange (DAX) in Malaysia without authorisation and has included the entity on its Investor Alert list. "We have also written to Google and Apple to disable the operation of Remitano’s mobile applications in Malaysia,” it said. It said these campaigns were conducted through television, radio, social media platforms and websites including an anti-scam dedicated page on the SC’s website. "The SC’s Investor Alert list has also been updated regularly, accompanied with media announcements and InvestSmart’s social media postings to alert members of the public on the updates,” it said. It said queries or complaints can be made to the SC at tel: +603 6204 8999 or e-mail: aduan@seccom.com.my while the SC’s Investor Alert list is available at https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investoralerts/investor-alert-list - Bernama

Source: The Star April 13, 2021 06:00 UTC