The SC said Binance was illegally operating a DAX despite being included in the SC’s investor alert list in July 2020.
KUALA LUMPUR: The Securities Commission on Friday took enforcement actions against major cryptocurrency exchange Binance for illegally operating a digital asset exchange (DAX) and told Malaysian investors to stop dealing and investing with it.
In a statement on Friday, it said those who currently have accounts with Binance are strongly urged to immediately cease trading through its platforms and to withdraw all their investments immediately.
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