Regarding Binance and BlockShoals being accused of not obtaining the Philippines Virtual Asset Service Provider (VASP) license, BlockShoals' legal head Marie Antonette Quiogue responded that although neither party has applied for the relevant license, their business structure falls under the Philippine Securities and Exchange Commission (SEC) Crypto Asset Service Provider (CASP) framework and regulatory sandbox mechanism for trading access arrangements, allowing them to still provide related services. https://www.(wublock123.com)/news/blockshoals-legal-head-on-philippines-vasp-license-sec-jurisdiction-no-fiat-63120