Updated: 22.03.2026
Looks like another one cryptocurrency exchange wants to enter the Philippine market and this time it is United Digital Asset Exchange (UDAX), which is based in China.
Butch Tabligan, Philippine partner of UDAX, said that the exchange is currently preparing all the necessary documents to obtain a license that will allow it to operate in the local market:
“UDAX is similar to Binance. Our goal is to operate in accordance with the regulations of every crypto-friendly country around the world. Currently, the UDAX platform is represented in Korea, Hong Kong, Malaysia, Singapore, Switzerland.”
Tabligan also stated that UDAX is in talks with leading international debit card operators to facilitate users’ handling of fiat currencies through the platform.
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