Malaysia’s Securities Commission continues to block Binance and lists it as an investor alert, with no current regulatory issues pending that require further action.
KUALA LUMPUR: The Ministry of Finance has stated that no outstanding regulatory issues related to cryptocurrency exchange Binance currently require action from the Securities Commission Malaysia.
This assessment was provided in a written parliamentary reply published today. The ministry confirmed that compliance measures already taken include reinstating Binance on the SC’s Investor Alert List.
“The Binance website and application remain blocked from being accessed by Malaysians,” the ministry stated.
The SC will continue monitoring developments and take appropriate actions if any legal breaches or new risks to local investors emerge.
The ministry was responding to a question from Lim Guan Eng regarding whether the SC would reinstate Binance on the alert list due to ongoing risks. The SC had considered the severity of breaches, impact on local investors, and implications for market integrity when implementing its measures.
