Philippine SEC sets March compliance deadline for unregistered crypto platforms

Philippines 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.

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Binance Named For 'Unregistered'! Philippines SEC: Faces Complete Ban In 3 Months

The Philippine SEC announced that Binance has been actively promoting itself on various social media platforms to attract Filipinos for investment and trading activities.

Phillippines Bans Binance. Now What?

Binance has been given three months by the SEC "to give Filipino investors who have holdings in Binance to close their positions and take out their investments."

Philippine 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.

The Philippines pushes back against foreign exchanges, continuing a protectionist streak

The Central Bank of the Philippines warns the public against using non-local crypto trading platforms.

The Philippines halts virtual asset provider license applications

The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years.

Binance 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.

Bitcoin trading volumes post new high in Philippines peso on Paxful

Weekly Bitcoin trading volumes in the Philippines peso grew steadily on Paxful this year and eventually hit a new high in July.

Philippines to explore blockchain use cases, launches training program

Enrico Paringit, an official at the Department of Science and Technology, said that the goal of the training is to build non-crypto apps.