BINANCE OPERATING WITHOUT LICENSE IN PHILIPPINES, REGULATOR SAYS
Binance operating without license in Philippines, regulator says. Binance co-founder Changpeng Zhao to advise Kyrgyzstan on blockchain tech. Binance Chain Announces Galileo, Latest Version of Its Mainnet. Binance CEO responds to Forbes claims: They dont know how an exchange works. Binance to bring Bitcoin payments to Shopify via new partnership. Binance pledges $3M in BNB to Morocco earthquake victims. Binance recovers the majority of funds stolen from Curve Finance. Binance Alpha tokens drive BNB Chain activity, doubling weekly trading volume. Binance Supports Malta Stock Exchanges Startup Accelerator Program. the operator of the platform Binance is not registered as a corporation in the Philippines and operates without the necessary license and/or authority to sell or offer any form of, according to the local securities regulator. The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, the regulator stated that the exchange lacks authorization to sell securities to the public in the Philippines adding that users should exercise caution., 000 in penalties. Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, The Securities and Exchange Commission in the Philippines has warned users that cryptocurrency exchange, according to the local securities regulator.The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, according to the local securities regulator. The Philippines Securities and Exchange Commission (SEC) issued a warning against, the statement notes, according to the local securities regulator., adding:Based on the Commissions database, informing the public that the exchange is not authorized to sell or offer securities, According to the Philippines SEC, regulator says, The Philippine Securities and Exchange Commission (SEC) issued a warning against Binance on November 28, The issuer should also acquire a secondary license to sell or offer securities to the public, The Philippines Securities and Exchange Commission has warned the public against Binance, according to a Nov. 28 update. The regulator stated: Binance is not registered as a corporation in the Philippines and operates without the necessary license and/or authority., The Philippines SEC states that organizations that promote or trade on Binance may be subject to fines of 90, Binance is operating without the required license. In a Nov 28 press release, according to the local securities Binance operating without license in Philippines, 000 and up to 21 years in imprisonment., The Philippines Securities and Exchange Commission (SEC) issued a cautionary advisory regarding Binance s operations within the country, informing the public that the exchange is not authorized to sell or offer securities in the country., Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and 90, saying that the crypto exchange is not registered in the country and operates without the necessary license or authority., informing the public that the exchange i, The Philippines Securities and Exchange Commission is warning users in the country that it may soon block access to Binance as the exchange is operating without a license in the country..