Malaysian regulator orders Huobi crypto exchange to cease local operations

The Securities Commission Malaysia (SC), the capital markets regulator, has charged cryptocurrency exchange Huobi Global and its chief executive officer Leon Li for operating a digital asset exchange (DAX) without registration.

• 2023-05-22
• Securities Commission digital asset exchange Huobi Global cryptocurrency exchange SC market regulator Malaysia Capital Markets chief executive officer

Malaysia’s Securities Commission Orders Crypto Exchange Huobi to Halt Operations

The Securities Commission in Malaysia today announced that it's shuttering Huobi's local operations due to compliance concerns.

• 2023-05-22
• Securities Commission Malaysia Capital Markets digital asset exchange crypto news