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Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
coindesk.com·about 3 hours ago
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about 1 hour ago
Wait, when a central bank goes after an exchange like this, do they actually freeze people's accounts or can users still get their money out while it's being sorted?
Oof, regulatory trouble for the biggest exchange in the country is not a small deal, a lot of everyday people use that platform. Really hope they get it sorted out because this kind of thing shakes confidence in the whole space there.