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Malaysia Orders Binance Ban as Pressure Intensifies

Hassan Maishera Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana.

  • However, I am concerned about the implications.

  • Anything said on this YouTube channel should not be seen as financial advice, this is merely me sharing my own personal opinion.

  • The announcement of Binance ban in Malaysia by the Securities Commission Malaysia on July 30 2021 took the whole crypto community by surprise.

Binance Ban in Malaysia: 4 Options You Can Take

According to a from the Securities Commission in Malaysia, the exchange has been served with a public desist and reprimand.

  • United States users cannot buy crypto using the international Binance platform.

  • And until the next month, you know the drill well — I wish you safe winds and the following seas! Is Buying Bitcoin legal in Malaysia? In 2019, Binance was banned in the United States on regulatory grounds.

  • They have a good reputation as legitimate trading platforms, therefore traders who want to trade more than the five cryptocurrencies allowed in Malaysia can go there.




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