Philippines SEC warns on dYdX, six other unauthorized crypto platforms

Bearish-43.27%
21 Apr, 09:22
Source: Cointelegraph

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Philippines SEC issues warning against dYdX and six other unauthorized crypto platforms, with promoters facing potential fines up to $89,000 or 21 years imprisonment under securities law.

Philippines SEC warns on dYdX, six other unauthorized crypto platforms

Promoters of flagged platforms may face fines of up to 5 million Philippine pesos ($89,000) or up to 21 years in prison under Philippine securities law.