KUALA LUMPUR: The Securities Commission Malaysia (SC) has taken action against Huobi Global Ltd (Huobi) and its chief executive officer (CEO), Leon Li for operating an unregistered digital asset exchange (DAX) in Malaysia.
In a statement today, the SC said it has ordered Huobi to stop its operations in the country and disable its website and mobile application on several platforms such as Apple Store, Google Play and other digital application platforms.
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