Bank Ne­gara puts LaVida coin on con­sumer alert list

The Nation - - AEC -

Bank Ne­gara Malaysia (BNM) has listed VI Profit Gal­axy (DSV Cryp­to­club & LUX Gal­ax­ies), the op­er­a­tor be­hind LaVida coin in its fi­nan­cial con­sumer alert list.

“Please take note that the list is not ex­haus­tive and only serves as a guide to mem­bers of the public based on in­for­ma­tion and queries re­ceived by BNM,” it said on its web­site.

The lat­est list con­sists of 423 com­pa­nies.

On Mon­day, the Se­cu­ri­ties Com­mis­sion Malaysia (SC) said that it was in the midst of re­view­ing all avail­able in­for­ma­tion in re­la­tion to a new­ly­launched cryp­tocur­rency known as LaVida coin to de­ter­mine whether there had been any breach of se­cu­ri­ties laws. – The Star

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