Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
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Binance expressed willingness to re-enter the Philippine market as regulators work on clearer cryptocurrency guidelines, the company said in an exclusive statement to BitPinas.
Binance Comeback Wen?
A Binance spokesperson told BitPinas that it is open to returning to the country as Philippine crypto regulations take shape.
“Binance continually evaluates opportunities to operate in markets around the world where clear and robust digital asset frameworks are being developed.
As regulators introduce guidelines that prioritize user protection and market integrity, we remain open to exploring compliant pathways to serve local communities.”
Binance Spokesperson
BitPinas has reached out to the SEC for a statement.
Binance previously had its website blocked in the Philippines in March 2024 after the Securities and Exchange Commission (SEC) said it operated without the necessary license.
Read articles on the Binance Ban as covered by BitPinas:
Aside from Binance, MiTrade, and OctaFX, eToro was also flagged by the SEC in April 2024 and later ordered blocked in the Philippine internet space by the National Telecommunications Commission.
- Then in August 2025, the SEC also flagged ten offshore crypto exchanges, including OKX, Bybit, KuCoin, and Kraken, for operating in the Philippines without registration, with a warning that could face website blocking. The regulator said unregistered platforms posed high risks to investors and national security and vowed to pursue enforcement actions.
Latest Binance News
Recently at Binance Blockchain Week, Peter Schiff argued that BTC creates no real economic value, while Binance’s former CEO, Changpeng “CZ” Zhao, pushed back. CZ highlighted the asset’s utility in global settlement and financial infrastructure and even handed Schiff a gold bar as a pointed response to his critique.
Binance has reportedly chosen Abu Dhabi as its operational hub, securing three financial licenses within the Abu Dhabi Global Market to regulate its exchange, clearinghouse, and broker-dealer services, according to a report by Fortune.
- While the company has not officially confirmed Abu Dhabi as its global headquarters, Binance Co-CEO Richard Teng said the licenses mark where the exchange’s “global platform” will be governed, highlighting the exchange’s continued focus on regulatory compliance and structured corporate governance.
This article is published on BitPinas: [EXCLUSIVEl] Binance Issues Statement Regarding Crypto License Registration in PH
What else is happening in Crypto Philippines and beyond?
