Binance partner BlockShoals joined FinTech Alliance PH after securing SEC approval to operate as a Crypto Asset Intermediary under the StratBox framework. Binance, meanwhile, appointed Jen Bilango as its Philippine general manager.
BlockShoals Technologies said it has selected a Bangko Sentral ng Pilipinas (BSP)-accredited Virtual Asset Service Provider (VASP) and is completing due diligence before beginning onboarding and system integration, a move the company said was already required under its Securities and Exchange Commission (SEC)-approved testing framework.
The Securities and Exchange Commission (SEC) has granted final approval to BlockShoals Technologies Inc. to begin testing its financial products and services under the agency’s regulatory sandbox, paving the way for Binance-linked onboarding of Filipino users into a regulated crypto environment.
Philippine fintech firm BlockShoals Technologies has partnered with crypto exchange Binance as part of the Securities and Exchange Commission’s (SEC) Strategic Sandbox (StratBox) framework,...
