Binance seeks Philippines comeback through SEC sandbox deal

Binance's strategic entry into the Philippines via a regulatory sandbox could set a precedent for global crypto firms navigating local compliance. The post Binance partners with BlockShoals for Philippines market entry via regulatory sandbox appeared first on Crypto Briefing.

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Binance remains blocked in the Philippines after a 2024 NTC directive tied to SEC concerns over licensing and registration.

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on May 26 a formal partnership with BlockShoals Technologies — a Philippine-based fintech infrastructure firm — that positions the exchange to re-enter one of Southeast Asia’s most active crypto markets through the Philippine Securities and Exchange Commission’s StratBox regulatory sandbox, more than two years after […]

Binance's strategic re-entry into the Philippines could intensify competition, challenging local exchanges and reshaping the regional crypto landscape. The post Binance partners with BlockShoals to re-enter Philippine market through SEC’s StratBox sandbox appeared first on Crypto Briefing.

Binance spent 24 months working with the Philippine SEC to align with local crypto regulations. BlockShoals Technologies is Binance’s SEC-registered Philippine service provider and Crypto Asset Intermediary. Filipinos can now access Binance through a locally registered, SEC-regulated entity for the first time. Binance, a global cryptocurrency exchange, has announced its official entry into the Philippines […] The post Binance Expands in Philippines With New BlockScholes Partnership appeared first on Live Bitcoin News.

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Binance is adding an OPENAIUSDT Pre-IPO Perpetual Contract after its first Pre-IPO futures product generated more than $280 million in trading volume within five days. The new contract gives eligible users exposure to market expectations around OpenAI ahead of any potential public listing. Binance is moving deeper into private-market themed derivatives. The exchange announced the [...]