Binance wants back into Malaysia, five years after regulators ordered it out.
KEY TAKEAWAYS
- A Binance spokesperson said the exchange has been jointly engaging the Securities Commission Malaysia and Bank Negara Malaysia over the last ten months on a licensed pathway to offer its products and services in Malaysia
- Binance said the talks cover the viability and structure of a licensed business model in Malaysia and declined to say which type of licence it is seeking
- The Securities Commission Malaysia ordered Binance in July 2021 to stop operating in Malaysia after finding it was running an unregistered digital asset exchange, and its website and apps remain blocked in the country
OPENING
A Binance spokesperson said the exchange has been jointly engaging the Securities Commission Malaysia and Bank Negara Malaysia over the last ten months on a licensed pathway to offer its products and services in Malaysia.
KEY DETAILS
- A Binance spokesperson said the exchange has been jointly engaging the Securities Commission Malaysia and Bank Negara Malaysia over the last ten months on a licensed pathway to offer its products and services in Malaysia.
- Binance said the talks cover the viability and structure of a licensed business model in Malaysia and declined to say which type of licence it is seeking.
- The Securities Commission Malaysia ordered Binance in July 2021 to stop operating in Malaysia after finding it was running an unregistered digital asset exchange, and its website and apps remain blocked in the country.
- The Securities Commission Malaysia removed Binance from its Investor Alert List in 2024 and added it back on October 8, 2026.
WHY IT MATTERS
A licence would give Binance a formal route back into Malaysia after five years of restrictions. (Analysis, not a confirmed fact.)
IMPORTANT CONTEXT
- Binance has not disclosed a timeline, and no licence has been granted.
- The Securities Commission did not give a reason when it re-added Binance to the Investor Alert List.
- This is a regulatory update, not investment advice.
- This article is informational and is not financial advice. Digital assets are volatile.
SOURCE
- Primary / main source: https://www.straitstimes.com/business/binance-in-talks-for-malaysia-licence-after-five-year-absence
- Supporting: https://www.sc.com.my/resources/media/investor-alert-updates/investor-alert-list-as-at-8102026
- Supporting: https://www.ndtvprofit.com/markets/binance-in-talks-for-malaysia-license-after-five-year-absence-12263380
- Supporting: https://fintechnews.my/61412/blockchain/binance-sc-malaysia-investor-alert-list/
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