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SEC Chair Emilio Aquino emphasized the prospective threat to traders' stability posed by continued access to copyright's System. Despite copyright's substantial existence and action during the Philippines, the SEC aims to offer buyers with sufficient time to transition their investments to approved platforms.

On 13 June 2022 copyright declared that users would, for an unspecified length of time, be not able read more to withdraw their funds held in Bitcoin, as the worth of cryptocurrencies suffered really serious declines.}