Malaysia’s finance ministry has reiterated that Binance, the world’s largest cryptocurrency exchange, remains banned within the country. The exchange is not licensed or registered with the Securities Commission (SC) to operate as a capital market intermediary. This means Binance cannot legally conduct any capital market activities within Malaysian borders. The government’s statement serves as a firm reminder of its stance on unregulated cryptocurrency trading platforms. Investors are cautioned against utilizing Binance’s services due to the lack of regulatory oversight and investor protection. The SC continues to actively monitor and take action against unlicensed entities operating in the digital asset space. This ongoing enforcement aims to safeguard Malaysian investors and maintain the integrity of the financial market.