Philippines blocks big crypto exchanges, Coinbase scammer’s stash: Asia Express

The Philippines’ internet firms block top crypto exchanges

Members of the crypto community in the Philippines say local internet service providers have begun blocking access to several unlicensed cryptocurrency exchanges.

The move follows a warning issued Monday by the Securities and Exchange Commission (SEC), which flagged 10 exchanges, including OKX, Bybit, and Bitget, for operating without a license.

Several users report they can no longer access these exchanges’ websites, though mobile apps remain functional for now. However, previous enforcement history suggests that app access may also be restricted soon.

Philippines trader shares experience in trouble accessing crypto exchanges websitesPhilippines trader shares experience in trouble accessing crypto exchanges websites
Philippine traders complain about crypto rates offered at local exchanges. (Shaggs)

The SEC…

Source link