Philippine NTC Blocks Unlicensed Crypto Exchange Websites

Philippine NTC Blocks Unlicensed Crypto Exchange Websites

The Philippine National Telecommunications Commission (NTC) has blocked access to the websites of cryptocurrency companies offering investment products in the country without the proper licenses. One of the leading internet service providers in the country has rendered the websites of cryptocurrency firms MiTrade and OctaFX inaccessible, according to a report by the local media outlet […]

Kazakhstan FMA Blocks 980 Unlicensed Crypto Exchanges in 2023

Kazakhstan FMA Blocks 980 Unlicensed Crypto Exchanges in 2023

In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) obstructed access to 980 unregistered cryptocurrency exchanges catering to Kazakhstani citizens. The government website announced on December 7 that the FMA denied access to 980 unauthorized platforms in 2023. The organization also initiated nine investigations about “illegal exchange operations” and money laundering. Ruslan Ostroumov, chairman of the FMA, […]