Malaysia’s Ministry of Finance has confirmed that Binance is not licensed or registered with the Securities Commission Malaysia to conduct capital market activities in the country, with the exchange’s website and mobile application remaining blocked for local users. The clarification, issued in a written parliamentary reply on July 16, 2026, reiterates that Binance’s 2024 removal from the SC’s Investor Alert List did not amount to any form of regulatory authorisation.
Key Facts At A Glance
- Binance holds no licence or registration with the Securities Commission Malaysia (SC) for capital market activities
- Binance’s website and mobile app remain blocked for users in Malaysia
- The clarification came in a written parliamentary reply from the Ministry of Finance (MOF) on July 16, 2026
- Binance was removed from the SC’s Investor Alert List in 2024 after being found to no longer conduct regulated activities in Malaysia
- MOF stated the 2024 delisting did not constitute a licence or authorisation to operate
- The SC said it will continue monitoring Binance and may act on any legal breaches or emerging investor risks
- The response followed a parliamentary question from Bagan MP Lim Guan Eng on Binance’s regulatory status
Ministry Response To Parliamentary Question
The Ministry of Finance’s statement came in response to a question from Lim Guan Eng, the member of parliament for Bagan, who sought clarification on whether the Securities Commission planned to grant Binance an operating licence, and on the reasoning behind the exchange’s earlier removal from the Investor Alert List. The MOF’s written reply, published on Parliament’s website, stated plainly that Binance has not been licensed or registered with the SC to carry out capital market activities in Malaysia.
Delisting From Investor Alert List Did Not Mean Approval
The ministry addressed a point of potential confusion stemming from Binance’s 2024 removal from the SC’s Investor Alert List, a public registry the regulator maintains to flag unlicensed or high-risk platforms. MOF clarified that the delisting occurred because Binance was found to no longer be conducting regulated activities within Malaysia, not because it had received any licence or authorisation to resume such activities. The exchange’s website and application continue to be blocked from access within the country.
Continued Monitoring Signalled
The Securities Commission said it will continue monitoring developments related to Binance and will take appropriate action if it identifies breaches of the law or new risks to Malaysian investors. The regulator did not indicate any timeline for reconsidering Binance’s licensing status.
