Binance Discusses a Licensed Model With Malaysian Regulators

Binance in talks for Malaysia licence

Binance in talks for a Malaysia licence as it seeks to re-enter the market after years of regulatory restrictions. Read more at straitstimes.com.

Binance in Talks for Malaysia License after Five-Year Absence

Binance said it’s 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.

Binance seeks a Malaysia license five years after regulators banned it

Binance has not said which type of license it wants, only that the talks with the Securities Commission and Bank Negara Malaysia cover structure and feasibility. The regulator put the exchange back on its investor alert list this month without explaining why, before the hack news broke.

Binance Discusses a Licensed Model With Malaysian Regulators

The exchange says the talks have lasted 10 months but has not disclosed the specific type of license it intends to apply for.