amelia_harrison_architect
Sat Jun 08 2024
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5 answers
1167
Can Filipinos use Binance?｜According to the regulatory chief, Binance's . sale or offer of unregistered securities to Filipinos and operating as an unregistered broker constitutes a violation of Republic Act no.
Can Filipinos legally use Binance for their cryptocurrency transactions? I've heard conflicting information about Binance's operations in the Philippines. It seems that Binance may have violated certain regulations by selling or offering unregistered securities to Filipinos, and also operating as an unregistered broker. Could you clarify if Filipinos are indeed allowed to use Binance? If not, what are the legal implications for Filipinos who do so? Is there any risk involved in using Binance as a Filipino? And what alternative platforms might Filipinos consider for their crypto trading needs?
ShintoMystery
Sat Jun 08 2024
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6 answers
1472
Why is Binance banned in the Philippines?｜, adding that this violates the country's securities laws.The agency accused Binance of offering unregistered securities to Filipinos and operating as an unregistered broker
Could you please explain the reason behind the ban on Binance in the Philippines? It's mentioned that this ban is due to a violation of the country's securities laws. Could you elaborate on how Binance has been accused of offering unregistered securities to Filipinos and operating as an unregistered broker? What specific actions or practices of Binance led to this ban?
