Philippines: Philippines SEC Order regarding Binance App from Google and Apple Stores
Progress
Current status
in force
19 Apr 2024 in force
Scope
Implementers
Philippines
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national
Timeline of events
Issued Philippines SEC Requests to Remove Binance App from Google and Apple app stores
On 19 April 2024, the Securities and Exchange Commission (SEC) of the Philippines took action against the cryptocurrency exchange Binance by formally requesting Google and Apple to remove Binance's applications from their app stores in the Philippin…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
consumer protection authority