Binance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to a local media report. Binance is seeking to reenter the Philippine market through local partner BlockShoals, but neither currently holds the central bank license required to operate as a virtual asset service provider, the country's central bank said. Bangko Sentral ng Pilipinas stressed that participation in the SEC’s StratBox sandbox does not…
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