LATEST NEWS   MADANI Govt is committed to enhancing grants to all states every year, benefitting all the people regardless of state -- PM Anwar  | In conjunction with Visit Malaysia 2026, the federal government will channel 100 per cent of Tourism Tax collections to the respective states -- PM Anwar | The Federal Govt expects to provide state development grants totalling RM10.5 bln this year compared with RM10.3 bln in 2025 -- PM Anwar  | Bank Negara Malaysia maintains the Overnight Policy Rate at 2.75 pct at its Monetary Policy Committee meeting today | Learn the lessons from Middle East crisis, make unity Malaysia's strength - PM Anwar | 
Ad Banner

MOF: No Pending Regulatory Issues Related To Binance

KUALA LUMPUR, Feb 11 (Bernama) -- Bases on current assessments, no outstanding regulatory issues have been identified so far in relation to Binance that would require the Securities Commission Malaysia (SC) to take action, according to the Ministry of Finance (MOF).

In a written reply published on Parliament’s website today, the ministry said compliance measures taken include reinstating Binance in the SC’s Investor Alert List.

It added that the SC will continue to monitor developments and take appropriate actions if there are any breaches of the law or new risks to local investors.

Ad Banner
Ad Banner

“The Binance website and application remain blocked from being accessed by Malaysians,” it said.

MOF also said that the SC had considered relevant factors in measures that it has taken, including the severity of breaches, the impact and risks to local investors, as well as the implications for the integrity and stability of Malaysia’s capital market.

The ministry was responding to a question from Lim Guan Eng (PH-Bagan) on whether the SC will reinstate Binance on the Investor Alert List, given that the platform still poses serious risks to Malaysian investors who continue to use it.

Ad Banner
Ad Banner
Ad Banner

-- BERNAMA