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Tag: Philippines

eToro closes Philippine accounts

Posted on September 29, 2024October 19, 2024 By Kuya Well No Comments on eToro closes Philippine accounts
eToro closes Philippine accounts
Featured, Investment and Finance, Stocks

Update (October 12, 2024): eToro has officially announced that they’re closing their doors on Philippine residents. Find out more in this article. Last week, my sister messaged me saying she received an email stating that her eToro account had been closed. At first, I dismissed it as a possible phishing email since I had not … Read More “eToro closes Philippine accounts” »

Has the SEC already banned Binance?

Posted on March 24, 2024 By Kuya Well No Comments on Has the SEC already banned Binance?
Has the SEC already banned Binance?
Investment and Finance, Posts

It’s almost a month after the specified date when the Philippine SEC was supposed to ban Binance. So how did it go? As of post time, the SEC hasn’t gone after Binance yet. In a previous post, I mentioned that the best that the SEC can do is to mandate ISPs to block access to … Read More “Has the SEC already banned Binance?” »

Is Binance banned in the Philippines?

Posted on February 14, 2024February 14, 2024 By Kuya Well No Comments on Is Binance banned in the Philippines?
Is Binance banned in the Philippines?
Investment and Finance

The Philippine Securities and Exchange Commission has released an advisory that Binance doesn’t have the authority to sell or offer securities to the public in the Philippines. The advisory came out on November 28, 2023, but was issued to the public a day after. What does the advisory mean? The SEC requires Binance to register … Read More “Is Binance banned in the Philippines?” »

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