Binance banned in Malaysia, given 14 days notice to shut down operations

Cointelegraph

Published Jul 30, 2021 06:10AM ET

Updated Jul 30, 2021 08:20AM ET

Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to operate in the country illegally.

According to an announcement released on Friday, the Securities Commission (SC) Malaysia has served a public reprimand against Binance, calling for the exchange and all of its entities to cease operations in the country.

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