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\u003Cp\u003EThe Philippines Securities and Exchange Commission (SEC) issued an advisory naming 10 major crypto exchanges, including OKX, Bybit, KuCoin, Kraken and others, for operating without the required authorization under the country’s new crypto regulations.\u003C\u002Fp\u003E\u003Cp\u003EThe \u003Ca data-ct-non-breakable=\\\”null\\\” href=\\\”https:\u002F\u002Fwww.sec.gov.ph\u002Fadvisories-2025\u002Funregistered-crypto-platforms-continue-to-target-filipinos-sec-to-enforce-sanctions-again

The U.S. Securities and Exchange Commission has issued interim guidance allowing certain U.S. dollar-backed stablecoins to be treated as cash equivalents on corporate balance sheets.  Summary SEC permits qualifying USD stablecoins to be reported as cash equivalents.Applies only to fully backed, redeemable tokens with 1:1 pegs.Complements GENIUS Act and broader reforms under SEC Chair Paul Atkins. Reported on Aug. 5 by Bloomberg Tax, the guidance is a part of a wider