Another cryptocurrency exchange could soon enter the market, bringing more competition and options.

But instead of excitement, the chatter going around in business circles is revolving around something else entirely: who’s standing behind this new platform?

This new firm has been allowed leeway to operate on a trial period although details on its partnership with a global crypto exchange have yet to be disclosed.

This secrecy around the process has fueled talk this partner might be Binance, the crypto giant banned in the Philippines in 2024. It’s said to be seeking a return path to the booming local market that has already eclipsed the Philippine Stock Exchange in accounts. 

Officially, the Securities and Exchange Commission…