#blockshoals

[rwatimes]

Binance moves ahead in Philippines as SEC clears BlockShoals sandbox testing

The Philippine SEC has approved BlockShoals to begin sandbox testing, moving Binance one step closer to returning through a regulated pathway.

➤ The Philippine SEC has granted final approval for BlockShoals Technologies to commence regulatory sandbox testing, a significant step for Binance's potential return to the market. ➤ BlockShoals will undergo a 90-day integration with a local provider before user onboarding via Binance, operating under the SEC's Strategic Regulatory Sandbox (Stratbox) framework. ➤ This SEC approval does not negate the need for separate Virtual Asset Service Provider (VASP) licenses from the Bangko Sentral ng Pilipinas (BSP) for crypto services.

[rwatimes]

BlockShoals: Partner picked, approved plan being followed

PHILIPPINE crypto asset intermediary BlockShoals Technologies Inc. on Friday said it had selected a Bangko Sentral ng Pilipinas (BSP)-regulated virtual asset service provider (VASP) and was completing due diligence requirements as part of its participation in the Securities and Exchange Commission’s (SEC) Strategic Sandbox (StratBox) program.

➤ BlockShoals Technologies Inc. has selected a BSP-regulated VASP as a partner for its participation in the SEC's Strategic Sandbox program. ➤ This partnership is a key component of BlockShoals' SEC-approved testing framework, focusing on system integration with a licensed VASP. ➤ The company emphasizes its commitment to regulatory compliance and investor protection throughout the testing phase.

[rwatimes]

Binance and BlockShoals Partner to Shape the Future of Regulated Crypto in the Philippines

The Philippine digital-asset landscape is entering a new phase of maturity. In a significant development for the country’s growing crypto ecosystem,

➤ Binance and BlockShoals are partnering in the Philippines under the SEC's Strategic Sandbox framework to foster regulated crypto innovation. ➤ This collaboration emphasizes a compliance-first approach, combining Binance's global expertise with local regulatory oversight to enhance user protection and market integrity. ➤ The initiative aims to create a more mature and institutionally integrated digital asset ecosystem in the Philippines, potentially influencing other emerging markets.

[rwatimes]

Binance partners with BlockShoals to re-enter Philippine market through SEC sandbox

Binance partners with BlockShoals Technologies to re-enter the Philippine crypto market through the SEC's StratBox regulatory sandbox, with testing starting in late 2026.

➤ Binance is partnering with BlockShoals Technologies to re-enter the Philippine crypto market through the SEC's StratBox regulatory sandbox. ➤ The partnership involves BlockShoals acting as a local intermediary under SEC supervision, with testing scheduled to begin in late 2026 for a minimum of 24 months. ➤ This approach signifies a shift towards compliance for Binance, aiming for eventual full market access after a rigorous regulatory review period.

[rwatimes]

BREAKING NEWS: Binance to Officially Enter PH in Partnership with Blockshoals

Global cryptocurrency exchange Binance is officially entering the Philippine via a partnership with a local fintech firm.

➤ Binance is officially entering the Philippine market through a partnership with local fintech firm BlockShoals Technologies Inc. ➤ The partnership will operate under the SEC's Strategic Sandbox framework, with BlockShoals acting as the local intermediary and Binance providing technology. ➤ This move aims to demonstrate constructive collaboration between global digital asset platforms and local regulatory frameworks, with testing set to begin in the second half of 2026.