Is Binance legal in Malaysia? SC order and DAX list
No sign-up button for Malaysia: we show one only where we have verified the Binance referral offer for that country.
Is Binance legal in Malaysia? Short answer
Facts read on 20 October 2026. Binance is not registered with the SC as a digital asset exchange, and this page has no sign-up button and no code. We make no legal ruling; we quote the regulator and Binance.
| Fact | Source | Date |
|---|---|---|
| SC reprimand and order to disable the Binance website and apps in Malaysia | Securities Commission Malaysia | 30 Jul 2021 |
| Binance announced it would end MYR pairs, MYR payments and P2P merchant applications | Binance announcement | 13 Aug 2021 (from 16 Aug 2021) |
| Malaysia not named in the List of Prohibited Countries | Binance | Updated 5 Jan 2026 |
| Binance not on the registered DAX list | Securities Commission Malaysia | list as of 20 Jul 2026 |
What the Securities Commission ordered in 2021
On 30 July 2021 the SC publicly reprimanded Binance Holdings Limited and its CEO Zhao Changpeng. It said Binance continued to operate illegally in Malaysia despite being included in the SC’s Investor Alert List, and ordered it to “disable the Binance website (www.binance.com) and mobile applications in Malaysia within 14 business days”. The SC strongly urged investors to immediately cease trading through Binance’s platforms and to withdraw all their investments immediately.
What Binance itself changed for Malaysian users
In an announcement published on 13 August 2021, Binance said it would end MYR trading pairs, MYR payment options and P2P merchant applications from 16 August 2021 04:00 UTC. By our check on 20 October 2026 we did not find an official Binance page on MYR P2P today, so we make no statement about the current state.
Is Malaysia on Binance’s prohibited list?
No. Malaysia is not named in Binance’s List of Prohibited Countries, “Updated - 5 January 2026”. That does not mean Binance is registered in Malaysia: the prohibited list and the SC register answer different questions. We did not find a source for Binance’s current status in the SC Investor Alert List, so we do not state it.
Binance can update its list at any time, and the update date we quote is the one we read on 20 October 2026. Check the current list on Binance before you act. This page describes what the sources say; it is not legal or financial advice.
Who is registered in Malaysia
The SC list of registered digital asset exchanges, “as of 20 July 2026”, names HATA Digital Sdn Bhd, Luno Malaysia Sdn. Bhd., MX Global Sdn Bhd, SINEGY DAX Sdn Bhd and Kinetic DAX Sdn Bhd. Binance is not on it. We copy the official list without ratings and without links to those exchanges.
Why there is no sign-up button here
We show a sign-up link only where our evidence covers the country and the exchange is available there. For Malaysia we have no such evidence for Binance, so there is no button and no code. Do not use a false country or someone else’s identity to get around a check or restriction.
Related pages
For where we show the Binance code, see Binance referral code. For how we check facts, see How we verify and the editorial policy.
FAQ
The questions above are answered in the FAQ block of this page, each with its source and check date.
Facts and sources
| Fact | Source | Checked |
|---|---|---|
| The SC publicly reprimanded Binance Holdings Limited and its CEO Zhao Changpeng, said Binance continued to operate illegally in Malaysia despite being included in the SC's Investor Alert List, and ordered it to "disable the Binance website (www.binance.com) and mobile applications in Malaysia within 14 business days" (30 July 2021). | Securities Commission Malaysia: SC takes enforcement actions on Binance for illegally operating in Malaysia (30 July 2021) | |
| The SC strongly urged investors to immediately cease trading through Binance's platforms and to withdraw all their investments immediately (30 July 2021). | Securities Commission Malaysia: SC takes enforcement actions on Binance for illegally operating in Malaysia (30 July 2021) | |
| Binance announced on 13 August 2021 that it would end MYR trading pairs, MYR payment options and P2P merchant applications from 16 August 2021 04:00 UTC. | Binance: Restricting of Product Offerings in Malaysia (13 August 2021) | |
| Malaysia is not named in Binance's List of Prohibited Countries, "Updated - 5 January 2026". | Binance: Binance List of Prohibited Countries (Updated - 5 January 2026) | |
| The SC list of registered digital asset exchanges "as of 20 July 2026" names HATA Digital Sdn Bhd, Luno Malaysia Sdn. Bhd., MX Global Sdn Bhd, SINEGY DAX Sdn Bhd and Kinetic DAX Sdn Bhd; Binance is not on it. | Securities Commission Malaysia: List of Registered Digital Asset Exchanges (updated list as of 20 July 2026) |
FAQ
Does Binance work in Malaysia?
Binance is not on the SC list of registered digital asset exchanges "as of 20 July 2026". In 2021 the SC ordered the Binance website and mobile applications disabled in Malaysia. We make no legal ruling and cannot confirm current access.
Why did Malaysia block Binance?
The SC said on 30 July 2021 that Binance was operating in Malaysia while included in its Investor Alert List, and ordered it to disable its website and apps within 14 business days.
Is Malaysia on Binance's restricted list?
Malaysia is not named in Binance's List of Prohibited Countries, "Updated - 5 January 2026". That is not the same as being registered with the SC.
What did the SC tell Malaysian Binance users to do?
The SC urged investors to immediately cease trading through Binance's platforms and to withdraw all their investments immediately (30 July 2021).
Which exchanges are registered with the SC?
The SC list "as of 20 July 2026" names HATA Digital Sdn Bhd, Luno Malaysia Sdn. Bhd., MX Global Sdn Bhd, SINEGY DAX Sdn Bhd and Kinetic DAX Sdn Bhd. This is a copy of the official list, not a recommendation.
Is Binance P2P available with MYR?
Binance announced on 13 August 2021 that MYR trading pairs, MYR payment options and P2P merchant applications would end from 16 August 2021. By our check on 20 October 2026 we did not find an official Binance page on MYR P2P today.