#Write2Earn
๐๐๐ ๐ฆ๐จ๐ฏ๐๐ฌ ๐ญ๐จ ๐ซ๐๐ฆ๐จ๐ฏ๐ ๐๐ข๐ง๐๐ง๐๐ ๐๐ฉ๐ฉ ๐ข๐ง ๐๐จ๐จ๐ ๐ฅ๐, ๐๐ฉ๐ฉ๐ฅ๐ ๐๐ฉ๐ฉ ๐ฌ๐ญ๐จ๐ซ๐
The Securities and Exchange Commission (SEC) is working with Google and Apple for the removal of applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.
In separate letters addressed to Google and Apple dated April 19, the SEC has requested for the removal of applications controlled by Binance.com from Google Play Store and the Apple App Store, respectively.
โThe SEC has identified [Binance] and concluded that the publicโs continued access to these websites/apps poses a threat to the security of the funds of investing Filipinos,โ SEC Chairperson Emilio B. Aquino said in the letter, saying that the sale or offer of unregistered securities to Filipinos and operating as an unregistered broker constitutes a violation of Republic Act no. 8799, or The Securities Regulation Code.
Removing and blocking applications of Binance will โprevent the further proliferation of its illegal activities in the country, and to protect the investing public from its detrimental effects on our economy,โ Mr. Aquino added.
Read more here: https://www.sec.gov.ph/pr-2024/sec-moves-to-remove-binance-app-in-google-apple-app-store/#gsc.tab=0
#CheckwithSEC
