<\/p>\n
The Philippines Securities and Exchange Commission (SEC) has announced that it has started to block Binance\u2019s online \u201cpresence.\u201d<\/p>\n
A formal request for the National Telecommunication Commission to block Binance\u2019s website and associated pages was approved earlier this month.<\/p>\n
The SEC said in a press release on Monday that the exchange\u2019s online pages were found to have offered an investment and trading platform without the necessary license from the financial watchdog.<\/p>\n
The SEC also alleged that Binance actively promoted its platform for investment and trading activities to locals.<\/p>\n
Binance is the world\u2019s largest crypto trading platform and had a 24-hour trading volume of US$27.4 billion on Monday.<\/p>\n
Meanwhile, the exchange has announced that it will cease supporting USDC stablecoin transactions on the Tron network on April 5. <\/p>\n
Binance\u2019s decision follows an earlier decision from Circle, the issuer of the stablecoin, to end USDC support on the same network.<\/p>\n
While this change will only affect USDC transactions on Tron and USDC trading on its exchange and other networks will not be impacted, Binance said.<\/p>\n
Binance has advised its users to transfer their USDC holdings to a compatible blockchain before the deadline to avoid any inconvenience. <\/p>\n
\n Post Views:<\/span> 521<\/span>\n<\/p>\n<\/div>\n \t\t!function(f,b,e,v,n,t,s) The Philippines Securities and Exchange Commission (SEC) has announced that it has started to block Binance\u2019s online \u201cpresence.\u201d A formal request for the National Telecommunication Commission to block Binance\u2019s website and associated pages was approved earlier this month. The SEC said in a press release on Monday that the exchange\u2019s online pages were found to […]<\/p>\n","protected":false},"author":2,"featured_media":271465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-271464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=271464"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271464\/revisions"}],"predecessor-version":[{"id":271467,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271464\/revisions\/271467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/271465"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=271464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=271464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=271464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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