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VisitImpact on Binance app downloads globally post-Philippines SEC action by 2024?
Increase in downloads • 33%
Decrease in downloads • 33%
No significant change • 34%
App analytics platforms or reports from major app stores
Philippines SEC Requests Google, Apple to Remove Binance Apps
Apr 23, 2024, 12:14 PM
The Philippines Securities and Exchange Commission (SEC) has officially requested Google and Apple to remove applications controlled by Binance from their platforms. This directive was issued in letters dated April 19, as part of a broader warning to the public against investing in these platforms. The SEC's move targets the availability of Binance's applications on the Google Play Store and the Apple App Store across the Philippines.
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Increased Regulations • 33%
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Regulatory Bans • 33%
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Fines in other countries • 25%
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License revocations • 25%
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Increased scrutiny and fines • 33%
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Binance secures favorable regulatory status • 34%
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250 million • 33%
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350 million or more • 33%
Ignore the directive • 33%
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Seek legal clarification or contest the directive • 34%