⚡️🇲🇾 JUST IN: Huobi Global ordered to halt operations in Malaysia Huobi Global has been ordered to close its operation…

⚡️🇲🇾 JUST IN: Huobi Global ordered to halt operations in Malaysia

Huobi Global has been ordered to close its operations in Malaysia following an enforcement action from the country’s securities regulator.

The SCM noted that its decision was driven by concerns about Huobi’s ‘compliance with local regulatory requirements’. Having failed to obtain SCM registration, the regulator has also directed Malaysian investors to stop trading on the platform, withdraw funds and close accounts.

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