https://www.bitdegree.org/crypto/news/binan...to-policy-plans

Here is the full NST report

https://www.nst.com.my/news/nation/2025/01/...blockchain-tech

chang peng zhao? anak chin peng? haraaaaam

I am ready to cash out my cryptos in Binance directly to my Malaysian bank account

My binance cannot trade. You use vpn?

No, I don't use VPN.

I use CloudFlare DNS 1.1.1.1 to bypass the Malaysian ban on Binance website access.

Yours is not a VPN issue.

You created your account AFTER the ban in August 2021.

My account is KYC-verified in 2018 BEFORE the ban.

if pmx can make us binance users able to direct cash out from binance to our bank and buy crypto direct without p2p that will be great.

i don't even mind paying tax for that

This post has been edited by Patent: Jan 16 2025, 05:28 PM

I am also looking forward for that day to come

My account registered since binance launched last time. Mine is verified as well. Weird.

Strange. I can deposit/withdraw/earn.

I can trade spot/futures/margin/options.

Everything you can think of.


Yes, it is weird that you can't.

What did Binance customer support tell you?

Hopefully this day could come sooner.

If this day comes, Luno can close shop.

Anybody tried options trading on Binance?

Wishful thinking.

More likely it is to add more regulation and red tape between local users and Binance like soft-ban on stablecoins, ask Binance share KYC and take a fee out of every transaction made by msians.

Look at past cases for ideas:
1. Luno - Stablecoins not allowed.
2. Wise - RM20k holding limit (holding USD4k+ is already over limit)
3. Banks - Very difficult to open Multi Currency Account with local bank. The ones you can open also have exceptions like cannot transfer in/out without going through MYR.
4. Local Brokerage Apps - Moomoo, Stashaway, etc unlike their SG version do not let you hold USD. All transactions auto convert back to MYR.
5. Binance - Ban MYR from p2p so people need to buy/sell under different ISO code

I just logged into B after sometimes idling, and placed an order for "Trump" meme, no problem to trade like the other user here. No VPN.

Have u done KYC before the ban?

RHB MCA cannot do intrabank USD transfer else can just use it to fund Hata Global. (Hata Global is using RHB to hold USD)

Moomoo sg, tiger all use DBS. You can transfer USD from sg Moomoo to DBS acct then transfer to tiger

Good news if it's true. But there's too many if & when it will really happen. PMX famous for announcement like billions of billions of investment coming

That's weird. I done KYC on 2023 and I didn't receive those message. I can trade without any issue. I can do P2P also but you cannot choose MYR only. They replace with another code.

How you guys top up your Binance account to buy coins there. My UOB HSBC affin cannot do it.

Bruh do you sell usdt? I would like to buy, I can pay via transfer if it's okay, I don't mind if I transfer first before receiving usdt. Need long term partnerships.