The Road to Compliance is Challenging! Binance Faces Comprehensive Ban in the Philippines, Following Regulatory Crackdowns in India and Nigeria
The latest announcement from the Philippine Securities and Exchange Commission (SEC) states that the authorities are collaborating with the National Telecommunications Commission (NTC) to take action and prevent the public from using the cryptocurrency exchange website and application of Binance. It claims that the exchange poses a threat to the financial security of the country’s citizens.
