Philippine Regulators Move to Block Access to Binance Platform

11/30/2023 12:08
Philippine Regulators Move to Block Access to Binance Platform

The Philippines’ Securities and Exchange Commission will block crypto trading platform Binance from being accessed in the country, warning the public against unregistered investment products.

The Philippines’ Securities and Exchange Commission will block crypto trading platform Binance from being accessed in the country, warning the public against unregistered investment products.

Binance’s operator isn’t a registered corporation in the Philippines and the world’s largest crypto trading platform is not authorized to sell securities in the country, SEC said in a Nov. 28 advisory released by the regulator on Wednesday.

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