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Philippines SEC Says Gemini’s Derivatives Exchange Is ‘Unregistered’
The Philippines’ Securities and Exchange Commission (SEC) has issued a warning against the crypto derivatives platform launched last month by Winklevoss twins-controlled Gemini Trust. An Unregistered Crypto Derivatives Platform According to the regulatory notice published last week, the newly launched platform markets and offers derivatives products categorized as securities under local laws. Gemini did not seek any registration from the Philippines regulator to launch its platform there. “GEMIN...
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Posted: May 23 2023, 05:10
Author Name: financemagnates
Views: 081554