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Malaysia’s Securities Commission Adds Binance To Investor Alert List

Tracy CHEN

Summary: Binance has been added to Securities Commission Malaysia (SC)’s Investor Alert List, which lists out entities that do not comply with Malaysia’s securities law.On its website, the regulator said Binance is operating a recognised market without authorisation from the SC.It is also noted that Binance’s peer-to-peer (P2P) platform had in March added support for users ...

Binance has been added to Securities Commission Malaysia (SC)’s Investor Alert List, which lists out entities that do not comply with Malaysia’s securities law.
On its website, the regulator said Binance is operating a recognised market without authorisation from the SC.
It is also noted that Binance’s peer-to-peer (P2P) platform had in March added support for users to buy certain cryptocurrencies including Bitcoin, USD Tether and Ethereum using Malaysian ringgit, the Edge Markets reports on July 17.

Tracy Chen

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