# Philippine SEC Warns Public Against Unlicensed Crypto Exchanges

By [CMQ](https://paragraph.com/@cmq) · 2022-12-28

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The Philippine Securities and Exchange Commission has advised domestic investors against using unlicensed cryptocurrency exchanges, Cointelegraph reported. “In light of the recent collapse of a major global cryptocurrency exchange,” warned, “all entities conducting business in the Philippines must register with the Securities and Exchange Commission.”

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*Originally published on [CMQ](https://paragraph.com/@cmq/philippine-sec-warns-public-against-unlicensed-crypto-exchanges)*