BUSINESSCOINDESK
Philippines' central bank says Binance and its local partner lack licenses to operate
The Philippines' central bank has stated that Binance and its local partner do not have licenses to operate. This regulatory action highlights compliance issues for the cryptocurrency exchange in the country.
Related Signal
Adjacent reporting
- MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe
- Poland stalls on crypto law, forcing local companies to move abroad
- Singapore revokes crypto payment license of Bsquared over regulatory breaches
- Trump administration curbs state oversight of crypto industry
- Crypto.com receives UAE license tied to Dubai government crypto payments
- Paybis secures MiCA, payment licenses in Latvia for EU crypto expansion