The Philippines is taking a firm stance on cryptocurrency regulation. Its securities regulator has blocked access to major global exchanges Coinbase and Gemini for operating without a license. The Regulatory Crackdown Explained This move is part of a wider enforcement sweep by the Philippines’ Securities and Exchange Commission (SEC). The agency is targeting unlicensed Virtual…
Philippines Blocks Major Crypto Exchanges in Regulatory Sweep The Philippines has taken decisive action against unlicensed cryptocurrency platforms. Global giants Coinbase and Gemini are now blocked in the country following a directive from the National Telecommunications Commission (NTC). The Crackdown on Unlicensed VASPs Photo: Manolet Santos / Unsplash This move is part of a wider…
Mt. Gox Hacker-Linked Wallet Quietly Offloads 2,300 Bitcoin A wallet connected to the infamous 2014 Mt. Gox hack has moved again, transferring 2,300 BTC worth over $130 million. This activity underscores the persistent shadow these stolen funds cast over the crypto market. The gradual liquidation of Bitcoin linked to Mt. Gox highlights ongoing challenges in…
