CryptoBearishCoinTelegraph · Apr 216/10
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Philippines SEC warns on dYdX, six other unauthorized crypto platforms
The Philippines Securities and Exchange Commission has issued a warning against dYdX and six other unauthorized cryptocurrency platforms operating without proper licensing. Promoters of these platforms face severe penalties including fines up to 5 million Philippine pesos ($89,000) or imprisonment of up to 21 years under Philippine securities law.
