EDIT: Nov. 29 at 4:36pm: The Binance spokesperson asks to retract its previous comment about ceasing marketing efforts in the PH as it moves to find out more information.
November 29 at 4:54 pm: Binance issues the following statement:
We acknowledge and respect the statement made by the Securities and Exchange Commission (SEC) of the Philippines. At Binance, we are committed to aligning with applicable local regulations. Under our new leadership, we have taken proactive steps to address the SEC’s concerns.
Binance spokesperson
The Latest News:
Binance most recently elected a new CEO – Richard Teng, after its founder Changpeng Zhao stepped down amid an investigation in the United States.
This is a developing story.
This article is published on BitPinas: Binance Comments on SEC Advisory
Disclaimer:
- Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific position before making any financial decisions.
- BitPinas provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://bitpinas.com/regulation/binance-ceased-marketing-ph/