Philippine SEC names ten cryptocurrency exchanges for violating new digital asset regulatory regulations According to http://(Bitcoin. com), the Philippine Securities and Exchange Commission (SEC) has issued a notice reminding investors to be wary of unregistered overseas cryptocurrency platforms. Multiple digital asset service providers are operating in the country without authorization and providing trading services in violation of newly implemented compliance requirements. The announcement pointed out that there are currently 10 exchanges that violate domestic securities regulations, namely OKX, Bybit, Mexc, Kucoin, Bitget, Phemex, Coinex, Bitmart, Poloniex, and Kraken. Although none of these exchanges have been licensed by the Philippine Securities and Exchange Commission according to Memorandum Notices No. 4 and No. 5, which will take effect in July 2025, they are still actively promoting their services or allowing users to access them within the country. In addition, regulatory agencies have stated that other cryptocurrency exchanges may also violate regulations, emphasizing that this list is not exhaustive and that platforms that provide similar services to the Philippine public without registration or approval violate the country's securities laws. Following the previous implementation of a geographical blockade on Binance, the Philippine SEC has revealed that multiple other platforms are still accessible and unauthorized marketing activities are being carried out against Filipino residents