The Philippines Security and Exchange Commission (SEC) has issued an advisory against eToro, a popular online trading platform. The SEC accuses eToro of offering unregistered securities within the country, a violation of local regulations. This move underscores the increasing scrutiny of digital asset platforms by regulatory bodies worldwide. It's a reminder to all stakeholders in the blockchain and cryptocurrency sector to ensure compliance with local laws and regulations. This development does not directly impact public chains, algorithmic stablecoins, NFTs, GameFi, or other crypto news, but it does highlight the broader regulatory environment these technologies operate within.