“But as a lawyer, I feel obliged to echo the advisory of SEC. And it should not matter whether it is a cease-and-desist order, the advisory is clear and we should take heed of that.”
Learn about the diverse reactions within the Filipino crypto community to recent SEC warnings on Binance’s unauthorized activities in the Philippines.
![[Breaking News] Philippines SEC Issues Advisory Against Binance for Unauthorized Operations](https://bitpinas.com/wp-content/uploads/2023/08/BitPinas-Banner-768x403.png "[Breaking News] Philippines SEC Issues Advisory Against Binance for Unauthorized Operations 3")
This move comes just after the SEC recently said it will start naming unlicensed exchanges in its advisories going forward, as well as working with the National Telecommunications Commission (NTC) to block access to the exchanges’ websites.
This initiative is part of the SEC’s broader strategy to safeguard investors from potential risks associated with unregulated digital asset platforms.
SEC says OctaFX is not authorized to sell or offer securities in the country.
BlockDevs Asia Inc. submits key recommendations to the SEC’s Regulatory Sandbox Framework draft, advocating for changes to foster innovation and enhance flexibility in financial technology development.
We proposed for new sections on the SEC Regulatory Sandbox Framework on Petition for Rulemaking and Token Safe Harbor exemption.
An online report hints to a possible launch of derivatives trading at the local bourse by 2025.
Learn about the SEC’s free webinar on October 10 which aims to educate Filipinos about cryptocurrency investment risks and scams.
PSE gears up for short selling with regulatory approvals and expanded eligibility.
