SEC Declares Binance A ‘Threat’, Imposes Access Restrictions On Philippine Users

The Philippines Securities and Exchange Commission (SEC) has taken a significant regulatory step by blocking local access to Binance, the world’s largest cryptocurrency exchange by trading volume.  According to a release issued by the regulator on Monday, the SEC’s decision was based on Binance’s failure to obtain the necessary license from the commission to operate […] source: https://bitcoinist.com/binance-users-philippines-face-access-restriction/