Regulator warning

Philippine SEC names MEXC as unregistered

The Philippine SEC names MEXC and nine other exchanges as unregistered; PLDT, one of the largest ISPs, is reported to block access, as is Globe.

First reported by Camomile Shumba, CoinDesk,

By CryptoRestrictions Research DeskReviewed by CryptoRestrictions Editorial ReviewPhilippinesLimited

The Philippine SEC named MEXC, KuCoin and Kraken among exchanges accessible in the country without registration. The SEC notice is dated 4 August 2025. Decrypt reported that the sites were no longer reachable through PLDT, one of the largest internet providers, and BitPinas reported on 7 August that Globe had also begun blocking, with Smart reportedly restricting access.

What changes in our data

The Philippines is limited for MEXC at high confidence.

Current verified status

Live data from the restrictions dataset for the platforms and countries named in this update.

PlatformCountryStatus
MEXCPhilippinesLimited

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