Posted 11/30/2023, 5:12:19 AM
Philippines Cracks Down on Binance, Threatens Criminal Charges for Promoters Over Licensing Issues
- Philippines SEC to block access to Binance in the country due to lack of license
- SEC requests Google, Meta to stop Binance ads, and agencies to aid in blocking platform
- SEC states those promoting Binance in Philippines could face criminal charges
- Binance has 3 months to allow Filipino investors to close positions and withdraw funds
- Binance faces growing troubles - $4.3B US fine, CZ steps down, Ronaldo sued for promotion