The #Philippines Securities and Exchange Commission (SEC) is set to unveil cryptocurrency guidelines in the latter half of 2024, aiming to regulate crypto assets and trading activities within the country. This move reflects the SEC's commitment to safeguarding investor interests and strengthening oversight over unregistered platforms. Recent actions against Binance, including the removal of associated apps from app stores, underscore the regulator's efforts to combat illegal crypto activity. Despite challenges posed by users accessing unregistered platforms via VPNs, the #SEC remains proactive in enforcing regulatory compliance. Insights from past incidents, such as the collapse of #FTX , inform the SEC's approach to cryptocurrency regulation in the Philippines. #cryptoniteuae