Philippines SEC Cracks Down on Unregistered Crypto Exchanges as New Rules Kick In

Philippines SEC Cracks Down on Unregistered Crypto Exchanges as New Rules Kick In

The Philippines Securities and Exchange Commission (SEC) said it may take action against crypto exchanges including OKX, ByBit and Bitget for operating without appropriate registration and warned the public against using the platforms.In a notice dated Aug. 4, the commission also named Mexc, Kucoin and Kraken as being accessible without being registered and, in some cases, actively marketing their services to residents. Other platforms it didn't…

Unregistered crypto? SEC flags 10 risky sites, blocks access

The Securities and Exchange Commission warned Filipinos against engaging in unregistered cryptocurrency platforms after it discovered at least 10 websites offering crypto-asset services without a proper license to operate.

Philippine SEC Takes Action Against Unlicensed Crypto Exchanges

Philippine SEC Takes Action Against Unlicensed Crypto Exchanges The Philippine SEC has issued a public notice identifying 10 crypto exchange platforms for operating without proper regulatory authorization.

The Philippines – SEC cracks down on OKX, Bybit, Kraken citing ‘national security’

In a public advisory issued on 4 August, the regulator cautioned Filipino investors against engaging with these offshore...

Breaking News: Major ISP Block Websites of Unregistered Crypto Exchanges Flagged by SEC

The development comes not even one day after the SEC released an investor advisory warning the public against engaging with ten unregistered platforms operating without proper licenses under the agency’s new Crypto Asset Service Provider (CASP) Rules.

Philippines’ SEC Warns Against Unlicensed Crypto Exchanges

The Securities and Exchange Commission (SEC) of the Philippines has warned the public about ten crypto exchanges The post Philippines’ SEC Warns Against Unlicensed Crypto Exchanges appeared first on TheCoinrise.com.