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Binance banned in Malaysia, given 14 days notice to shut down operations

Published 07/30/2021, 06:10 AM
Updated 07/30/2021, 08:20 AM
Binance banned in Malaysia, given 14 days notice to shut down operations

Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to operate in the country illegally.

According to an announcement released on Friday, the Securities Commission (SC) Malaysia has served a public reprimand against Binance, calling for the exchange and all of its entities to cease operations in the country.

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