SINEGY, A DIGITAL ASSET EXCHANGES (DAX) GRANTED CONDITIONAL APPROVAL FROM SECURITIES COMMISSION MALAYSIA

in #steempress • 5 years ago

We are happy to report that Sinegy, our favourite Digital Asset Exchange (DAX) has been granted a conditional approval from Securities Commission Malaysia. This means bitcoin and crypto trading can now resume on the Sinegy platform. Congratulations to Wei Chi, Kelvyn and his hardworking team at Sinegy.

Also known to many as crypto exchanges, the operators who received conditional approval from the regulator are namely; Luno Malaysia Sdn Bhd, SINEGY Technologies (M) Sdn Bhd, and Tokenize Technology (M) Sdn Bhd. These 3 operators are given up to 9 months to fully comply with all regulatory requirements prior to receiving a full license (take note). Among the 3 operators, Penang-based SINEGY is the only homegrown startup, Chan Wei Chi, Business Development Head of Sinegy echoed David’s support for the regulation and added that this will enable consumers to invest in a much safer market environment.
Reference:

SC Malaysia site.
FintechNewsMY

 

Posted from my blog with SteemPress : https://bitcoinmalaysia.com/2019/06/04/sinegy-a-digital-asset-exchanges-dax-granted-conditional-approval-from-securities-commission-malaysia/

#teammalaysia
5 years ago in #steempress by
$3.22
  • Past Payouts $3.22, 0.00 TRX
  • - Author $2.35, 0.00 TRX
  • - Curators $0.87, 0.00 TRX
21 votes
Reply 0

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 63960.62
ETH 3142.95
USDT 1.00
SBD 3.95