Binance PH Comeback Plan Unveils Dual-Regulator Oversight Framework

A recent whitepaper from Arden Consult outlines the regulatory framework governing Binance's planned return to the Philippines through its partnership with BlockShoals Technologies Inc.

The document details how the operational model operates across two jurisdictions, separating digital asset trading from cash transactions to comply with local regulations.

The framework divides compliance requirements between the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP), handling cryptocurrency trading under SEC rules while routing Philippine peso transactions through an independent, licensed domestic partner.