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Restricting of Product Offerings in Malaysia

Binance
2021-08-13 10:45
Fellow Binancians,
As Binance constantly evaluates its product and service offerings to remain compliant with local regulations, we will cease the following products and offerings in Malaysia on 2021-08-16 at 04:00 UTC (12:00 PM UTC+8).
  • MYR trading pairs
  • MYR payment options
  • P2P merchant applications
Binance P2P will remove MYR trading pairs on Friday, 2021-08-13 13:00 UTC (21:00 UTC+8). Users are advised to complete all related P2P trades and remove related trade advertisements by 2021-08-13 12:00 PM UTC (20:00 UTC+8) to avoid potential trading disputes.
Please note we are also not operating any Telegram channel or online communication channels in Malaysia.
Our aim is to create a sustainable ecosystem around blockchain technology and digital assets. Binance welcomes developments to our industry’s regulatory framework as they pose opportunities for the market players to have greater collaboration with the regulators. We are committed to working constructively in policy-making that seeks to benefit every user.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-08-13
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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