Could you please clarify the current situation regarding Binance in the Philippines? I've heard rumors that it might be blocked or restricted in some way, but I'm not entirely sure. Could you elaborate on any potential regulatory measures or bans that might be in place? It's important for me to understand the legal framework surrounding cryptocurrency exchanges in the country, as I'm considering using Binance for my financial transactions. Thank you for your assistance in clarifying this matter.
5 answers
Martina
Sat May 11 2024
Its objective was to restrict access to Binance websites in the country.
BlockchainWizard
Sat May 11 2024
Binance, a global cryptocurrency exchange, has been targeted by the commission.
PearlWhisper
Sat May 11 2024
Additionally, BTCC, a UK-based cryptocurrency exchange, offers diverse services.
TaegeukChampion
Sat May 11 2024
The Philippines' National Telecommunications Commission has taken action.
Bianca
Sat May 11 2024
These services include spot trading, futures trading, and wallet management.