Community Reacts: Infrawatch vs Binance and Coinbase
Infrawatch PH’s calls to ban Binance and Coinbase in the Philippines have sparked mixed reactions in the local crypto community.
Infrawatch PH’s calls to ban Binance and Coinbase in the Philippines have sparked mixed reactions in the local crypto community.
Infrawatch PH is asking the BSP to issue a warning similar to the one issued by the Securities and Exchange Commission (SEC) last year.
The think tank group is also requesting the BSP if they can review those who hold a VASP license that failed to operate in a given time.
[Breaking News] The SEC sent a response letter to Infrawatch, stating that Binance is not registered in the Philippines and cautions the public not to invest with the exchange.
For the third time, Infrawatch PH has requested the government to ban Binance in the Philippines. This time, with the SEC.