?? DESCRIPTION

The Philippines has blocked access to cryptocurrency exchanges Coinbase and Gemini as part of a broader crackdown on unauthorized trading platforms. The National Telecommunications Commission (NTC) acted on a directive from the Bangko Sentral ng Pilipinas (BSP) to restrict access to approximately 50 unlicensed exchanges, though the full list remains undisclosed. This follows the country's March 2024 ban on Binance and the removal of its app from stores. Additionally, the Philippine Securities and Exchange Commission (SEC) has recently identified OKX, Bybit, and KuCoin among 10 exchanges operating without licenses.

BNB+1.05%BYB+0.01%COIN-4.07%GEMKCS+0.02%OKB+0.49%

Source:Show Original

Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

You may also like

• SEC to Introduce Tokenized Stock Framework, Boosting Coinbase and Robinhood2026/05/20 04:02
• India's Finance Panel to Meet Binance, WazirX, ZebPay on Crypto Regulation2026/05/19 12:33
• Kraken Cuts 150 Jobs Amid AI Shift, U.S. IPO May Delay to 20272026/05/18 16:10
• Anchorage-Linked Wallet Acquires $18 Million in HYPE Tokens2026/05/18 11:38
• Coinbase and Kraken Lead U.S. Crypto AI Mentions, IBIT Tops Bitcoin ETF Queries2026/05/10 08:26

This detailed match analysis covers key moments, player performances, and tactical insights. Download the full report in PDF format.