Binance remains positive and relentless in bringing its services to the Southeast Asian country despite the Philippine Securities and Exchanges Commission warning the public against investing with the exchange.
The attempt to ban Binance from operating in the Philippines will not see fruition due to a lack of regulations towards cryptocurrencies in the country.
The CEO of Binance Changpeng Zhao, shared his plans to acquire two licenses that are critical for the firm's operations in the Philippines.
The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading.
