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Bitcoin
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$118,498.00 -0.41243
Bitcoin price
Ethereum
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$3,568.97 -1.05896
Ethereum price
BNB
BNB (BNB)
$737.43 0.3065
BNB price
Solana
Solana (SOL)
$177.29 -0.5366
Solana price
XRP
XRP (XRP)
$3.42 -1.07661
XRP price
Shiba Inu
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$0.000015 0.62626
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Pepe
Pepe (PEPE)
$0.0000131 -2.19405
Pepe price
Bonk
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$0.0000339 -1.73234
Bonk price
dogwifhat
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$1.05 -0.93088
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Popcat
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$0.386733 -1.01657
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Bitcoin
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$118,498.00 -0.41243
Bitcoin price
Ethereum
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$3,568.97 -1.05896
Ethereum price
BNB
BNB (BNB)
$737.43 0.3065
BNB price
Solana
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$177.29 -0.5366
Solana price
XRP
XRP (XRP)
$3.42 -1.07661
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000015 0.62626
Shiba Inu price
Pepe
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$0.0000131 -2.19405
Pepe price
Bonk
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$0.0000339 -1.73234
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dogwifhat
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$1.05 -0.93088
dogwifhat price
Popcat
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$0.386733 -1.01657
Popcat price
Bitcoin
Bitcoin (BTC)
$118,498.00 -0.41243
Bitcoin price
Ethereum
Ethereum (ETH)
$3,568.97 -1.05896
Ethereum price
BNB
BNB (BNB)
$737.43 0.3065
BNB price
Solana
Solana (SOL)
$177.29 -0.5366
Solana price
XRP
XRP (XRP)
$3.42 -1.07661
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000015 0.62626
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000131 -2.19405
Pepe price
Bonk
Bonk (BONK)
$0.0000339 -1.73234
Bonk price
dogwifhat
dogwifhat (WIF)
$1.05 -0.93088
dogwifhat price
Popcat
Popcat (POPCAT)
$0.386733 -1.01657
Popcat price

Malaysia accuses Huobi of operating unregistered crypto exchange

Yana Khlebnikova
Edited by
News
Malaysia accuses Huobi of operating unregistered crypto exchange

The Malaysian Securities Exchange (SC) has hammered down crypto exchange Huobi for allegedly failing to register correctly. Huobi has been urged to cease operations in the region entirely.

Having put the Huobi crypto exchange on its “Investor Alert List” since August 2022, the country’s financial regulator has finally taken action against the bitcoin (BTC) trading venue.

According to sources, the agency has issued a public statement against the exchange and its founder, Leon Li, ordering the firm to cease operating in the country and disable its website and app on the relevant app stores.

Moreover, the SC has also clarified that Huobi can no longer publish its advertisements in the country. Huobi investors in Malaysia have been advised to withdraw their funds from the platform and close their accounts.

The SC revised its digital assets regulation in October 2020, to include provisions for digital asset custodians (DAC) and initial exchange offerings (IEO).

At the time, the agency claimed the new guidelines will enable the SC to foster responsible innovation in the crypto space while also managing associated risks and protecting consumers.