Pyth Network has launched new pricing indexes for US stocks and commodities to support 24/7 trading on crypto exchanges. Major platforms like Coinbase and Kraken are already using these indexes for perpetual futures and tokenized assets, addressing the need for continuous pricing outside traditional market hours.
Promoters of flagged platforms may face fines of up to 5 million Philippine pesos ($89,000) or up to 21 years in prison under Philippine securities law.
The Philippine SEC issued an investor alert on April 14, 2026 warning against seven crypto platforms—dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium—for operating without registration under the CASP framework. The regulator warned promoters could face fines up to 5 million Philippine pesos ($89,000) or 21 years imprisonment. This marks an escalation in the Philippines' crackdown on unlicensed crypto operators, following previous actions against Binance, Coinbase, Gemini, and ten other exchanges in 2025.
