Binance can serve Philippine traders under SEC framework, BlockShoals says

CoinTelegraph·

Binance can serve Philippine traders under SEC framework, BlockShoals says

60-second summary

Binance is poised to serve Philippine traders under a framework established by the country's Securities and Exchange Commission (SEC), according to BlockShoals. This arrangement relies on a SEC sandbox setup that enables trading access without a local Virtual Asset Service Provider (VASP) license, potentially expanding Binance's reach in the region.

The exchange's Philippine return relies on an SEC sandbox arrangement that BlockShoals says permits trading access without a local VASP license.