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Sunrate Secures Class B License in Malaysia for Regulated Remittance Services

Partnerships & Ecosystem

2026-04-28 01:01:38

Gate News message, April 28 — Sunrate, a Singapore-based payments and treasury platform, announced that Bank Negara Malaysia has granted it a Class B license under the Money Services Business Act 2011, enabling the company to offer regulated money remittance services in the country.

The license authorizes Sunrate to provide cross-border payment services for businesses operating in Malaysia and internationally. The approval expands Sunrate's operational presence in Malaysia, where it already maintains existing operations.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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