In the other hemisphere, the Philippines’ think tank Infrawatch PH filed a twelve-page complaint calling on the local Securities and Exchange Commission (SEC) to crack down on Binance’s activities in the country. The news comes shortly after the Philippines’ Department of Trade and Industry (DTI) waved off a Binance ban proposal in early July, citing a lack of regulatory clarity, as one of the world’s largest crypto exchanges indeed still doesn’t hold a license in the Philippines.
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Source: Cryptocurrency - investing.com
