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Binance Disappears from Google Play in Philippines After Years of Local SEC Warnings
The Binance app has disappeared from the Philippine version of the Google Play Store as the Philippine Securities and Exchange Commission intensifies scrutiny of the cryptocurrency exchange. In 2023, the SEC warned that Binance operates without local authorization. It noted that entities promoting the exchange could face up to 21 years in prison. The regulator said Binance "has been actively employing promotional campaigns on various social media platforms," but does not hold a license to operate in the country. Multiple users said searches for “Binance” no longer return the main application. Results instead ... (full story)
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