SC comes down hard on Binance over illegal ops

The SC ordered all four Binance entities to disable the Binance website (www.binance.com) and mobile applications in Malaysia within 14 business days from July 26.

KUALA LUMPUR: The Securities Commission (SC) has taken enforcement actions against major cryptocurrency exchange Binance for illegally operating a digital asset exchange (DAX).

The SC told Malaysian investors to stop dealing and investing with the exchange.