Philippine internet service providers (ISPs) have blocked Coinbase and Gemini. The National Telecommunications Commission (NTC), based on flags issued by the Central Bank of the Philippines (BSP), has ordered restrictions on access to approximately 50 exchanges deemed unauthorized; the specific list has not been released. Previously, the Philippines blocked Binance in March 2024 and ordered its app to be removed from app stores. The Philippine Securities and Exchange Commission (SEC) recently also named 10 exchanges, including OKX, Bybit, and KuCoin, that were operating without licenses. (Cointelegraph)
The Philippines cracks down on unlicensed virtual asset service providers, blocking Coinbase and Gemini.
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