FINNENCE ▪ THE WIRE FILE
THE WIRE · № 78842
News▼ Bearish
Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
KINDNews
DIRECTION▼ Bearish
SOURCES1
ENTITIES2
STORY SIZESTANDALONE
FIRST SEEN
LAST UPDATE
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
Regulatory action against a large local exchange can chill retail crypto access and signal tighter enforcement in the Philippines.
Enforcement risk rises for offshore-linked crypto venues
CATALYST TO WATCH
Central bank confirmation or formal penalties
MAIN RISK
Limited to one exchange, spillover may be small
FULL DISPATCH
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gaming and gambling companies.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
AFFECTEDBitcoin
CONTEXTCrypto
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
←CORRELATIONshares Crypto
Papertrade (@papertrade_xyz)'s revenue has far surpassed Hyperliquid's, and it now ranks third with $6.01M in 24H revenue. Interestingly, papertrade's daily trading volume reached a staggering $910B, with $28.4B in liquidation volume.2026-10-13 12:57 UTC
Papertrade (@papertrade_xyz)'s revenue has far surpassed Hyperliquid's, and it now ranks third with $6.01M in 24H revenue. Interestingly, papertrade's daily trading volume reached a staggering $910B, with $28.4B in liquidation volume.2026-10-13 12:57 UTC
←CORRELATIONshares Bitcoin
Oct 13 Update: Bitcoin ETFs: 1D NetFlow: -788 $BTC(-$65.55M)🔴 7D NetFlow: -8,267 $BTC(-$687.28M)🔴 Ethereum ETFs: 1D NetFlow: -29,926 $ETH(-$74.79M)🔴 7D NetFlow: -217,087 $ETH(-$542.51M)🔴2026-10-13 13:32 UTC
Oct 13 Update: Bitcoin ETFs: 1D NetFlow: -788 $BTC(-$65.55M)🔴 7D NetFlow: -8,267 $BTC(-$687.28M)🔴 Ethereum ETFs: 1D NetFlow: -29,926 $ETH(-$74.79M)🔴 7D NetFlow: -217,087 $ETH(-$542.51M)🔴2026-10-13 13:32 UTC
←CORRELATIONshares Crypto
Investor demand for trading outside of regular market hours is skyrocketing. In fact, the majority of trading volume in tokenized equities is now occurring OUTSIDE of regular market hours. BNB Chain has become the first blockchain with over 70% of its tokenized equity trading v2026-10-13 13:41 UTC
Investor demand for trading outside of regular market hours is skyrocketing. In fact, the majority of trading volume in tokenized equities is now occurring OUTSIDE of regular market hours. BNB Chain has become the first blockchain with over 70% of its tokenized equity trading v2026-10-13 13:41 UTC
←CORRELATIONshares Crypto
Trader 0x26b6 lost $637K on @papertrade_xyz. He lost $1.71M from trading and earned 136M $PAPER tokens. He earned $1.07M in USDC rewards through staking, with $943K already claimed and $130K still unclaimed. His net loss is $637K.2026-10-13 14:14 UTC
Trader 0x26b6 lost $637K on @papertrade_xyz. He lost $1.71M from trading and earned 136M $PAPER tokens. He earned $1.07M in USDC rewards through staking, with $943K already claimed and $130K still unclaimed. His net loss is $637K.2026-10-13 14:14 UTC
←CORRELATIONshares Crypto
🚨 🚨 🚨 🚨 30,021 $ETH (75,575,184 USD) transferred from Coinbase Institutional to unknown new wallet2026-10-13 16:33 UTC
🚨 🚨 🚨 🚨 30,021 $ETH (75,575,184 USD) transferred from Coinbase Institutional to unknown new wallet2026-10-13 16:33 UTC
←CORRELATIONshares Crypto
💵 💵 💵 💵 💵 100,000,000 $USDC (100,034,000 USD) minted at unknown wallet2026-10-13 16:35 UTC
💵 💵 💵 💵 💵 100,000,000 $USDC (100,034,000 USD) minted at unknown wallet2026-10-13 16:35 UTC
KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.