🚀 Bybit hits a regulatory speed bump in Malaysia! The Securities Commission (SC) has ordered the crypto exchange to cease operations for not being a Recognised Market Operator. Bybit and its CEO, Ben Zhou, face enforcement action, but they’re optimistic about securing licenses in the future. 🌐 Despite the setback, Bybit aims to return stronger and compliant. Meanwhile, other exchanges like Binance and Phemex continue to navigate Malaysia's strict crypto regulations. Stay tuned as the crypto world keeps evolving! #CryptoNews #Bybit