Defining the News
The Securities and Exchange Commission asked the two leading application stores to remove the Binance app from online marketplaces accessible in the Philippines.
“The SEC has identified and concluded that the public’s continued access to these websites/apps poses a threat to the security of the funds of investing Filipinos,” SEC chairperson Emilio Aquino said in the letter. It has an average daily trading volume of $65 billion covering more than 402 cryptocurrencies, with a membership of over 183 million, making it the largest cryptocurrency site in the world, according to its website.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC proceeds to block Binance crypto platformThe Securities and Exchange Commission is pushing through with the blocking of cryptocurrency exchange Binance in the Philippines.
Read more »
SEC formally requests NTC to block Binance in PHThe SEC has moved forward with its plan to have cryptocurrency platform Binance in the Philippines.
Read more »
SEC formally asks NTC to block BinanceIn a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'
Read more »
SEC Works to Ban Binance App in the PhilippinesThe Securities and Exchange Commission (SEC) is taking steps to ban the Binance app in the Philippines, following efforts to block its website and other web pages in the country.
Read more »
Apple, Google having a field day, suck in unwary investorsDefining the News
Read more »
SEC pushes for removal of Binance from Apple, Google app storesThe Securities and Exchange Commission (SEC) said on Tuesday that it is now working with global tech giants Google and Apple to remove global crypto firm Binance from application marketplaces in the Philippines.
Read more »