Philippines blocks Coinbase, Gemini amid wider crackdown on unlicensed VASPs

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Why This Matters

The Philippines has blocked Coinbase and Gemini, two major cryptocurrency exchanges, due to a lack of local licenses, as part of a wider crackdown on unlicensed Virtual Asset Service Providers (VASPs). This move indicates a stricter regulatory environment for global exchanges in the country.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Philippine regulators are tightening control over crypto access, signaling that global exchanges must secure local licenses to operate.

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Original article published by Unknown on December 24, 2025.
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