Why is Binance banned in the Philippines?|, adding that this violates the country's securities laws.The agency accused Binance of offering unregistered securities to Filipinos and operating as an unregistered broker
Could you please explain the reason behind the ban on Binance in the Philippines? It's mentioned that this ban is due to a violation of the country's securities laws. Could you elaborate on how Binance has been accused of offering unregistered securities to Filipinos and operating as an unregistered broker? What specific actions or practices of Binance led to this ban?