The Bangko Sentral ng Pilipinas confirmed Binance and partner BlockShoals lack VASP authorization, complicating the exchange's Philippine reentry via the

Binance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to local media reports.

The Bangko Sentral ng Pilipinas confirmed Binance and partner BlockShoals lack VASP authorization, complicating the exchange's Philippine reentry via the