by Jan Michael Carpo, Reporter In a highly anticipated move aimed at managing supply and fortifying the value of the digital currency, the Bitcoin market underwent the “halving” of rewards for cryptocurrency mining last week. On the former Twitter platform, now known as X, cryptocurrency exchange Binance declared, “The 4th #Bitcoin halving is complete!” along […]
Last month, the Philippines National Telecommunications Commission (NTC) commenced blocking the websites of crypto companies that offer investment products without the necessary licenses. Specifically, the NTC directed the blocking of access to the website and apps of the foreign exchange platform MiTrade. This platform had been accused of offering investment opportunities without the required license. […]
The Philippines’ Securities and Exchange Commission (SEC) is taking steps to block local access to Binance, citing that the exchange operates without the necessary license. In a letter dated March 12 sent to the National Telecommunications Commission (NTC), SEC Chairperson Emilio Aquino explained that Binance poses a threat to the security of the funds of […]
Cryptocurrency owners and traders in the Philippines may have to wait longer before the Securities and Exchange Commission (SEC) can release proper cryptocurrency regulations. The news came after the country’s chief financial regulator announced the postponement of the much-awaited release of a legal framework for the industry. IMAGE CREDIT: www.shutterstock.com SEC wants to remain cautious […]
