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SEC Chair Emilio Aquino emphasized the likely danger to buyers' security posed by continued entry to copyright's System. Irrespective of copyright's significant existence and activity inside the Philippines, the SEC aims to check here offer buyers with enough time to transition their investments to authorized platforms.

On thirteen June 2022 copyright introduced that users would, for an unspecified stretch of time, be unable to withdraw their money held in Bitcoin, as the worth of cryptocurrencies suffered really serious declines.}