NEW STRAITS TIMES · 2026-11-03 03:22 UTC

Binance reaffirms commitment to Malaysia return, absorbs US$6.3bil impact

Binance reaffirms commitment to returning to Malaysia with a license after 10 months of discussions with Securities Commission and Bank Negara Malaysia, following a 2021 cease-and-desist order. Binance absorbed the full financial impact of a US$6.3 billion security breach, covering 95% of affected assets immediately and purchasing the remaining 5% in less-liquid assets.

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