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The publish Malaysia Orders Huobi International to Cease Operations, Citing Lack of Registration appeared first on Coinpedia Fintech Information
The Securities Fee(SC) ordered Huobi International to cease working in Malaysia. The corporate doesn’t have registration for its digital property trade. Finally, the nation’s regulator informed Leon Li (Huobi International CEO) to disable web sites, and cellular functions, and cease promoting to Malaysian buyers. Working an unregistered digital asset is an offense beneath the Capital Markets & Companies Act. The regulator instructed CEO Leon Li to conform and advise Malaysian buyers to stop buying and selling on the platform, withdraw funds, and shut accounts.
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