Philippines SEC flags dYdX, six crypto platforms as unauthorized

Promoters of flagged platforms may face fines of up to 5 million Philippine pesos ($89,000) or up to 21 years in prison under Philippine securities law.
Source: Philippines SEC flags dYdX, six crypto platforms as unauthorized (https://cointelegraph.com/news/philippines-sec-warns-dydx-crypto-platforms-investor-alert?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)