Securities Commission Malaysia reprimands Bybit for illegally...

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2024-12-30 16:45:56

Securities Commission Malaysia reprimands Bybit for illegally operating digital asset exchange

The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Limited (previously known as Bybit Fintech Limited) (Bybit), and its Chief Executive Officer Ben Zhou (Yuchen Zhou) for operating a digital asset exchange (DAX) in Malaysia without registration. The regulator said in a statement on Friday that Bybit and Zhou have been included in the SC’s Investor Alert List since...

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