News Explorer — Philippines SEC to Block Access to Binance

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Nov 29, 9:40 am

Reuters

Philippines SEC to Block Access to Binance

The Philippines' Securities and Exchange Commission is taking steps to block access to Binance. The SEC stated that Binance is not a registered corporation in the Philippines and does not have the necessary license to sell securities. The ban will take effect within three months, allowing Filipino users time to withdraw their investments.

The Philippines' Securities and Exchange Commission is taking steps to block access to Binance. The SEC stated that Binance is not a registered corporation in the Philippines and does not have the necessary license to sell securities. The ban will take effect within three months, allowing Filipino users time to withdraw their investments.

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