HAL1000 Posted July 30, 2021 Share Posted July 30, 2021 KUALA LUMPUR (Reuters) - Malaysia has taken enforcement action against cryptocurrency platform Binance to stop it operating in the country, the Securities Commission said on Friday. The Commission said it had issued a public reprimand against Binance Holdings Limited, its CEO Zhao Changpeng and three other entities registered in the United Kingdom, Lithuania and Singapore, for continuing to operate in Malaysia despite being added to the regulator’s investor alert list a year ago. The regulator ordered Binance to disable its website and mobile applications, cease media and marketing activities, as well as restrict Malaysian investors from accessing its Telegram group. “Those who currently have accounts with Binance are strongly urged to immediately cease trading through its platforms and to withdraw all their investments immediately,” it said. Link to comment Share on other sites More sharing options...
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