Based 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 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. “The Binance website and application remain blocked from being accessed by Malaysians,” it said.
MOF’s statement emphasizes ongoing regulatory vigilance and confirms that the SC will act if there are any breaches or new risks to local investors. This update signals no immediate regulatory concerns for Binance under current assessments, while the monitoring posture remains in effect. The ministry’s reply also notes that access to Binance in Malaysia remains restricted, underscoring continuing enforcement while authorities assess ongoing developments.
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