Source: CNBC
“The Philippines’ Securities and Exchange Commission has ordered Google and Apple to remove cryptocurrency exchange Binance from their app stores. In a press release out Tuesday, the regulator said it had sent letters to Google and Apple requesting [sic] the removal of applications controlled by Binance from the Google Play Store and Apple App Store, respectively. SEC Chairperson Emilio Aquino said the Philippine public’s continued access to Binance sites and apps ‘poses a threat to the security of the funds of investing Filipinos.’ The agency accused Binance of offering unregistered securities to Filipinos and operating as an unregistered broker, adding that this violates the country’s securities laws.” (04/23/24)