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Binance in talks with Malaysian regulators for operating license

Binance is in discussions with Malaysian regulators to establish a licensed business in Malaysia, seeking a return after authorities blocked its website and apps.

Binance is in discussions with Malaysian regulators to operate a licensed business in Malaysia, according to a report by Bloomberg. The cryptocurrency exchange is seeking a path back into the local market after authorities previously blocked its website and mobile applications.[3]

The push to secure regulatory approval follows a five-year absence from the Malaysian market, according to The Straits Times.[1][2]

Key facts

  • Binance is in discussions with Malaysian regulators to operate a licensed business in the country.
  • Malaysian authorities previously blocked Binance's website and applications.
  • The license talks follow a five-year absence of Binance from the Malaysian market.

Sources 路 3 sources

  1. SI

    Solid Intel 馃摗@solidintel_xPost on X 路

    INTEL: Binance in talks with Malaysian regulators for a license after five years out of the market | Per Bloomberg

    Open source
  2. TS

    The Straits Times@straits_timesPost on X 路

    Binance in talks for Malaysia licence after five-year absence https://t.co/2rnXNaUX1O

    Open source
  3. BL

    Bloomberg@businessPost on X 路

    Binance said it鈥檚 in discussions with Malaysian regulators for a licensed business in the country, as the cryptocurrency exchange seeks a route back into a market where authorities have blocked its website and applications. https://t.co/E7ShRWxFIU

    Open source