Philippines SEC bans Binance, sparking worry among Filipino crypto investors
The Philippines SEC's ban on Binance raises concerns among investors, highlighting compliance issues and the SEC's commitment to protecting investors.
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Philippines SEC urges users to withdraw funds before Binance’s ban
09/04/2024 06:50
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More news about binance withdrawal philippines
- Miyuki
Philippines bans Binance exchange, takes effect in three months
The Philippines’ financial regulator will block local users from accessing Binance, the world’s largest cryptocurrency exchange, citing concerns over the company’s unlicensed operations in the country.
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Philippine regulators threaten to block Binance for operating without a license, raising concerns among the crypto community and testing the exchange's compliance under new leadership amidst global regulatory challenges.
AlexPhilippines SEC to ban Binance in 3 months
The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country.
ZoeyPhilippine SEC Issues Warning on Binance Operations
The Philippine SEC's warning reflects a broader regulatory crackdown on Binance, aligning with global efforts to tighten oversight. Binance's legal woes, including the US settlement, have prompted operational changes and heightened regulatory awareness. The exchange's resilience and adaptability will be pivotal in navigating challenges and consolidating its global cryptocurrency market position.
BerniceGenesis Withdrawal Freeze Has No Imminent Solutions
Genesis customers will likely be waiting for weeks before they can withdraw their funds.
cryptopotatoBinance optimistic on Philippines entry despite SEC pushback
Binance’s head of Asia-Pacific Leon Foong said that they are not distracted by the efforts of so-called lobbying bodies to ban Binance.
CointelegraphBinance Is Not A Registered Corporation, Philippines’ SEC Warns
Binance is again in the spotlight after it caught the attention of regulators - this time, from the Philippines’ Securities ...
BitcoinistSEC Philippines to investigate Binance over alleged illegal operations
A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country.
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The exchange platform is looking to get virtual assets service provider and e-money issuer licenses from the Banko Sentral ng Pilipinas.
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