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Breaking: Malaysian SC Orders Enforcement Action Against Binance For Illegal Operations

source-logo  coingape.com  + 6 more 30 July 2021 09:51, UTC

The Securities Commission Malaysia (SC) ordered enforcement actions against Binance for illegally operating a Digital Asset Exchange (DAX) without obtaining the necessary approval from the SC. A public reprimand was also issued against the exchange for carrying out operations despite being put on the SC’s ‘Investor alert list’ in July 2020.

coingape.com

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