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Breaking: Gemini Derivatives Exchange Warned In Philippines

source-logo  coingape.com  + 9 more 22 May 2023 16:26, UTC

Crypto Market News: Philippines regulators issued a warning to Crypto exchange Gemini over unauthorized operation of its derivatives exchange in the country. According to a Bloomberg report, the country’s securities exchange commission reprimanded the company over unauthorized business in one of its jurisdictions in the country. This warning adds to the growing list of concerns for crypto market businesses in the United States, as the US Securities and Exchange Commission (SEC) continues its strict enforcement stance.

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