The SEC Has Officially Banned Crypto Giant Binance in the Philippines
Quote from: https://www.esquiremag.ph/money/industry/sec-bans-crypto-giant-binance-philippines-a3005-20240325
Writing to the NTC, SEC chair Emilio B. Aquino said, “The SEC has identified the aforementioned platform and concluded that the public’s continued access to these websites/apps poses a threat to the security of the funds of investing Filipinos.” The SEC in early March had also requested for NTC’s help in blocking access to other unregistered investment platforms such as OctaFX and MiTrade.
PS: The Binance app is still accessible for some locals.