On October 31, 2026, Bloomberg reported that Binance had been discussing a possible licensed business model in Malaysia with the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM). Binance said the joint engagement had lasted ten months and concerned the model’s viability and structure.
The talks and the SC’s alert-list entry are separate developments: one concerns a possible licensed business model, the other records Binance’s listing on October 8, 2026.
What Binance discussed with Malaysia’s regulators
Binance described its discussions with the SC and BNM as focused on the viability and structure of a licensed business for its products and services in Malaysia. The account was reported by Bloomberg on October 31, 2026.
What the SC’s alert-list notice records
The SC’s Investor Alert List notice dates Binance’s addition to the list to October 8, 2026. The commission describes the list as a non-exhaustive guide covering unauthorized websites, investment products, companies and individuals.
Earlier regulatory action in Malaysia
The Paypers reported that the SC ordered Binance to cease Malaysian operations in July 2021 after finding it operated a digital asset exchange without authorization. The outlet also reported that the SC removed Binance from the alert list in 2024.
