TECHINASIA · 2026-11-01 04:11 UTC

Binance seeks to resume regulated operations in Malaysia

Binance has spent 10 months in discussions with Malaysian regulators (Securities Commission Malaysia and Bank Negara Malaysia) to resume licensed operations in the country. The exchange's website and apps remain blocked; it has not disclosed which specific license it is seeking, though digital asset exchanges must register as recognized market operators. Binance faces ongoing regulatory scrutiny including a lawmaker's investigation into alleged ringgit trades on its peer-to-peer platform and a previous breach involving up to US$6.3 billion.

Loading the story on Tree News…