Cryptocurrency Q&A Is moomoo legal?

Is moomoo legal?

DigitalWarrior DigitalWarrior Mon Dec 23 2024 | 5 answers 612
I'm considering using moomoo, but before I do, I want to make sure it's legitimate. I'm asking if moomoo is a legal platform or service, as I don't want to get involved in anything that's not authorized or could potentially be fraudulent. Is moomoo legal?

5 answers

Elena Elena Wed Dec 25 2024
The Securities Commission Malaysia (SC) is the regulatory body that oversees Moomoo MY's operations.

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BusanBeautyBloomingStarShine BusanBeautyBloomingStarShine Wed Dec 25 2024
As a regulated entity, Moomoo MY is required to adhere to strict guidelines and standards set by the SC.

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Maria Maria Wed Dec 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services.

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Pietro Pietro Wed Dec 25 2024
Moomoo MY, officially known as Futu Malaysia Sdn. Bhd., holds a Capital Markets Services License.

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Margherita Margherita Wed Dec 25 2024
This license grants Moomoo MY the authority to operate in the financial markets within Malaysia.

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