Former Binance CEO Changpeng Zhao (CZ) alleges that a “local player” blocked Binance’s licensing efforts in the Philippines. Previously, the SEC has issued advisories, while the NTC has ordered ISPs to restrict access to Binance’s website.
Despite the strong backing, Binance emphasized that the vote is for reference only.
Trump family has invested more in Ethereum as of late, while CZ makes a return to Binance. More in today’s “Crypto News You May Have Missed This Week”.
As we close the book of 2024, BitPinas reflected on the year’s most impactful stories in the cryptocurrency and blockchain space in the Philippines.
There are deceptive ads circulating urging users to download the Binance app from suspicious sites.
In 2024, Binance’s dominance in the crypto exchange market diminished, while Bybit saw significant growth in spot trading and Bitget excelled in derivatives trading.
Binance led the record with at least $1 trillion volume per month.
Crypto Exchanges Binance, Tokocrypto Aid Indo Police in Busting Crypto Scam
FTX sues Binance and ex-CEO Zhao to recover $1.76B allegedly fraudulently transferred in 2021 deal.
Bitget appoints Min Lin as Chief Business Officer, surpasses 45M users in Q3 2024.
