So it's confirmed,BNM has frozen luno's account?hmm wonder what sort of guidelines they're gonna come up to comply with the AMLA and stuff. What's most frustrating is their refusal to be transparent with us.

Just come up with a bloody deadline and propose steps that would be taken if they fail to meet it (refunds,etc). If they're having discussions with BNM,then do the responsible thing and let your clients know. I'd honestly be okay if they just came out and said 'give us 2 weeks,if all else fails we'll reinstate all your coins/funds and you can transfer them out as you wish.'

They're just making things worse by parroting that same 'have patience,we're trying to solve the issue,blablabla' statement that's being thrown about for like what,more than a week? Probably lost a lot of trust from their clients by now,and a lot of people will be itching to leave their platform the minute this is resolved.

45k wow that a lot, i only have 3 digits only

Crypto newbie here. Was researching how to buy crypto, and came across Luno. But it seems that they have some issues lately. Is there any other platform that I can deposit my money (RM) and buy crypto?

this is what i got from "Remitano"
Thank you for being a part of Remitano Malaysia.
Recently there has been rumor of Malaysia banks getting nosy on Bitcoin traders accounts if there are big transaction that is 50k MYR or more. So we would like to suggest you to limit all transaction below 50k to stay out of bank issues.
Have a great day!

So those that transaction more than 50k, please take note

50K and above will trigger CTR to BNM. so it is true that better stay below 50K

So anyway i was digging through FB and found this comment from one of the luno malaysia pages. Not sure how true it is,but i guess at least it paints a slighty clearer picture as to what's apparently going on:-

"baru dapat info semalam. Isu luno dan maybank dah selasai. Tunggu luno announce dlm minggu ni. semua ok, back to normal. but need to fill an additional forms. what kind of forms I dont know."

Make of that what u will,but at least it's something i guess. Not as bad as i feared,in some ways.

what is the date of this comment?

luno server crashed...

Posted 1 day ago

not crashed. just that everyone panicked and sell causing BTC to drop from 74K to 50K. Now it is time to buy... buy...buy

Guys, how to send ether from remitano to luno, why it say contract address is not allowed

have you create Bitcoin receive address yet?

I have some source that BNM did not suspend Luno's bank account.

You sendiri think

Can i deposit money into Luno already as I wanna buy BTC. Or is it still having issues?

can we deposit money on Luno bank account now?

Please don't bro. You'll be tearing your hair out once it gets stuck in there

Ok,what did this source say about the whole situation then?

I saw an xbit Asia announcement that is quite similar, additional info declaration.

But hell I just need to cancel it to buy RM50k BTC.

lol...u miss the fun on the ride today..

What happen to Remitano?