Securities Commission Malaysia building at Kuala Lumpur.
KUALA LUMPUR: The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Ltd and its chief executive officer (CEO) Ben Zhou for operating a digital asset exchange (DAX) in Malaysia without registration.
In a statement today, the SC has directed Bybit to disable Bybit’s website and mobile applications or any other digital application platform in Malaysia within 14 business days from Dec 11, 2024.
