Is Binance being removed in the Philippines?|after concluding that the tokens and digital assets circulating on the Binance violate securities regulations. SEC Chairperson, Emilio B.The SEC released its statement yesterday (23 April) ordering the removal of the Binance app on the Apple App Store and Google's Play Store
Is it true that Binance is being removed in the Philippines? I've heard rumors that the SEC has concluded that the tokens and digital assets being traded on Binance violate securities regulations. Can you confirm this? I also saw a statement released by the SEC Chairperson, Emilio B., ordering the removal of the Binance app from both the Apple App Store and Google's Play Store. What does this mean for Binance users in the Philippines? Will they still be able to access their accounts and funds? And what are the consequences for Binance itself? Could this lead to further regulatory scrutiny or even legal action?