The Securities and Exchange Commission (SEC) has ordered the XM Group to stop offering investments in the Philippines for operating without the required licenses. The XM Group is an online trading platform that allows users to trade foreign exchange, derivatives, and cryptocurrencies through its website and app. The BSP said fees should reflect the actual cost of providing electronic payment services and should remain fair across different groups of users. Read more in our articles including "SEC issues cease and desist order vs XM Group" and "Pasig Mega Market gets Starlink internet for cashless payments".
The Securities and Exchange Commission (SEC) has ordered the XM Group to stop offering investments…
Dec 13, 2025
Pasig Mega Market now has satellite-powered internet to support cashless payments under the Paleng-QR Ph…
Jun 21, 2026
The Bangko Sentral ng Pilipinas (BSP) has introduced new rules aimed at making electronic payment…
Jun 19, 2026
The Bangko Sentral ng Pilipinas (BSP) said it is reviewing the recent service disruption that…
Jun 18, 2026
Mynt, the fintech company behind GCash, has authorized the filing of a registration statement with…
Jun 17, 2026
GCash is set to roll out in-app one-time passwords (OTPs) beginning June 22, replacing traditional…
Jun 11, 2026The Securities and Exchange Commission (SEC) has ordered the XM Group to stop offering investments in the Philippines for operating without the required licenses. The XM Group is an online trading platform that allows users to trade foreign exchange, derivatives, and cryptocurrencies through its website and app.
The BSP said fees should reflect the actual cost of providing electronic payment services and should remain fair across different groups of users.
Our coverage of XM Group includes: "SEC issues cease and desist order vs XM Group"; "Pasig Mega Market gets Starlink internet for cashless payments"; "Banks, e-wallets face new BSP rules on digital payment fees". Each article provides unique insights and information.