Finance Ministry Says Binance Not Licensed in Malaysia, Website and App Access Still Blocked

Finance Ministry says Binance not licensed in Malaysia, website and app access still blocked

KUALA LUMPUR, July 17 — Cryptocurrency and blockchain giant Binance has not been licensed or registered with the Securities Commission Malaysia (SC) to carry out capital market activities in Malaysia, said the Ministry of Finance (MOF). The MOF said Binance’s website and application remain blocked for users in Malaysia. “The SC will continue to monitor developments and take appropriate action in the event of any violations of the law or new risk…

Binance still banned in Malaysia, says govt

Finance ministry says Binance is not licensed or registered with the SC to conduct capital market activities in Malaysia.

Binance Remains Unlicensed in Malaysia as Website and App Stay Blocked

Binance remains unlicensed and unregistered to conduct regulated capital market activities in Malaysia, according to the Ministry of Finance (MOF). Its website and mobile application also remain blocked in the country, Bernama reported, citing a written parliamentary response. MOF attributed Binance’s removal from the Securities Commission Malaysia’s Investor Alert List in 2024 to the company no longer being found to conduct regulated activities…