Malaysia's securities regulator told crypto exchange Huobi that it needs to disable its website after operating in the country without registration. In a [statement Monday](https://www.sc.com.my/resources/media/media-release/sc-takes-enforcement-action-ag
Malaysia's securities regulator told crypto exchange Huobi that it needs to disable its website after operating in the country without registration. In a [statement Monday](https://www.sc.com.my/resources/media/media-release/sc-takes-enforcement-action-against-huobi-global-for-illegally-operating-dax-in-malaysia), the Securities Commission Malaysia issued a public reprimand against China-founded Huobi and the company's chief executive, Leon Li, for operating illegally in the country.