MANILA -- The Philippines securities regulator said Wednesday it was moving to block access to embattled cryptocurrency giant Binance, just a week after its top executive stepped down and pleaded guilty in a U.S. money-laundering case.
Follows exchange chief resigning in wake of U.S. money-laundering case
Binance launched in Thailand in November, gaining its first foothold in Southeast Asia. © Reuters
MANILA -- The Philippines securities regulator said Wednesday it was moving to block access to embattled cryptocurrency giant Binance, just a week after its top executive stepped down and pleaded guilty in a U.S. money-laundering case.