Binance Eyes Philippines License Despite The Sec Fiasco

Last updated: June 9, 2025, 13:23

Binance Eyes Philippines License Despite The Sec Fiasco

The Philippines Securities and Exchange

Over the last couple of months, Binance has been trying to garner licenses from governments across the globe in order to legally provide services to its users. Now, with

The Philippine SEC has clearly stated that Binance does not possess the necessary licenses to operate or offer services within the nation. In a detailed advisory, the agency highlighted that

The Philippines Securities and Exchange Commission (SEC) has announced the prohibition of local access to Binance, the world's largest cryptocurrency

Philippines SEC says Binance operates without the

Philippine SEC to block Binance for lack of proper licenses

Binance eyes Philippines license despite the SEC fiasco

Philippines SEC Blocks Binance Over Lack Of License

Philippine SEC Warns Citizens About Binance Amid Regulatory

Binance operating without license in Philippines

Under Republic Act No

Binance operates without license in the Philippines

Under Republic Act No. 8799, entities that engage in securities transactions are required to hold a secondary license from the SEC. However, Binance has not registered

Philippines’ SEC Moves to Block Binance Amid Licensing Concerns

Binance

Binance, known for its vast operations, including various cryptocurrency investment services and a user base exceeding 183 million worldwide, has not complied with