BINANCE OPERATING WITHOUT LICENSE IN PHILIPPINES, REGULATOR SAYS

Binance operating without license in Philippines, regulator says. Binance Proof-of-Reserve pledge gains support following FTX crisis. Binance halts onboarding of new UK users. Binance co-founder CZ proposes dark pool DEXs to tackle manipulation. Binance and Mastercard will launch prepaid crypto cards in Argentina. Binance Futures Bucks Dismal Volume Trend — Trades a Record $700M. Binance cuts back on employee benefits, citing decline in profit: Report. Binance debuts centralized exchange to decentralized exchange trades. Binance-backed tokenized hardware wallet offers DeFi and NFT features. The Securities and Exchange Commission in the Philippines has warned users that cryptocurrency exchange, Binance is operating without the required license. In a Nov 28 press release, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and 90, 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, informing the public that the exchange is not authorized to sell or offer securities in the country., according to the local securities regulator., The Philippines SEC states that organizations that promote or trade on Binance may be subject to fines of 90, regulator says, Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, 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., according to the local securities regulator. The Philippines Securities and Exchange Commission (SEC) issued a warning against, According to the Philippines SEC, 000 in penalties. Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, according to the local securities regulator. The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, the statement notes, adding:Based on the Commissions database, 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., 000 and up to 21 years in imprisonment., informing the public that the exchange i, according to the local securities Binance operating without license in Philippines, The Philippines Securities and Exchange Commission has warned the public against Binance, saying that the crypto exchange is not registered in the country and operates without the necessary license or authority., the regulator stated that the exchange lacks authorization to sell securities to the public in the Philippines adding that users should exercise caution., The Philippines Securities and Exchange Commission (SEC) issued a cautionary advisory regarding Binance s operations within the country, The issuer should also acquire a secondary license to sell or offer securities to the public, informing the public that the exchange is not authorized to sell or offer securities, according to the local securities regulator.The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, The Philippine Securities and Exchange Commission (SEC) issued a warning against Binance on November 28..