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 Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations

The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.

• 2023-05-22
• Securities Commission Malaysia mobile applications SC digital asset exchange