Binance still banned in Malaysia, says govt

Malaysian Prime Minister Anwar Ibrahim has clarified that Binance remains unlicensed and banned from operating in the country. While the Securities Commission removed the exchange from its alert list, the platform's website and app remain blocked for local users.
Why it matters
This highlights the ongoing regulatory friction between global cryptocurrency exchanges and national financial authorities seeking to enforce local licensing laws.
Binance is the world’s largest cryptocurrency exchange. (Unsplash pic)
The article reports government statements neutrally without editorializing on the merits of the ban.
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