Which CEXs were blocked in Philippines?

TLDR

Confirmed ISP blocks in the Philippines include Coinbase and Gemini; Binance was blocked earlier amid enforcement against unlicensed platforms per a regulator update and independent checks (Philippines blocks Coinbase and Gemini).

1. The NTC ordered ISPs to block 50 unlicensed virtual asset service providers identified by the central bank (NTC order details).
2. Binance was ordered blocked in March 2024, with app store removals following, establishing the enforcement precedent (prior enforcement context).
3. Reported names targeted include OKX, Kraken, KuCoin, Bitget, MEXC; the full list was not published (wider crackdown coverage).

Deep Dive

1. Confirmed Blocks

Coinbase and Gemini were confirmed inaccessible across multiple Philippine ISPs after regulators moved to enforce local licensing rules for crypto service providers, with independent verification reported in the update above (Philippines blocks Coinbase and Gemini).

• The National Telecommunications Commission (NTC) acted on the Bangko Sentral ng Pilipinas identification of unlicensed platforms, triggering ISP-level restrictions per the notice above.

2. Prior Enforcement

Earlier action against Binance set the template: the NTC ordered an ISP block, followed by the SEC instructing app stores to remove its application, as summarized in the report above (prior enforcement context).

1. This sequence showed coordinated enforcement (ISP blocks, app store removals) when platforms operate without local authorization.
2. It also signaled that unlicensed platforms would not be given ongoing grace periods beyond initial windows referenced in the coverage above.

3. Wider List

Regulators did not publish a full list of the 50 platforms, but reporting points to a broad set beyond the confirmed names, including OKX, Kraken, KuCoin, Bitget, and MEXC, with Coinbase and Gemini among those blocked as noted above (wider crackdown coverage).

1. Multiple outlets reference the NTC directive and a BSP-driven roster of unlicensed VASPs; some outlets list additional names, though the official roster remains undisclosed (NTC order details).
2. Licensed local venues (for example, coins and PDAX mentioned in broader coverage) continue operating under BSPs framework, reinforcing the licensing gate for market access.

Conclusion

Access to unlicensed offshore CEXs is being curtailed at the ISP level in the Philippines. Confirmed blocks include Coinbase and Gemini, with Binance previously blocked, and reports indicating a wider set of exchanges targeted. The practical takeaway is simple: local licensing determines access. If a platform is not licensed under BSPs VASP rules, users should expect ISP restrictions and plan accordingly.