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Philippines Blocks Coinbase and Gemini to Enforce Local Licensing for Crypto Services

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The Philippines has blocked access to Coinbase and Gemini as part of a crackdown on unlicensed crypto platforms. ISPs are enforcing a directive from the National Telecommunications Commission to limit access to 50 sites not authorized by the Bangko Sentral ng Pilipinas. The move enforces local licensing for crypto service providers. While the full list of affected exchanges remains undisclosed, the action signals tighter regulation for cryptocurrency operations in the country.
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