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The organization was founded in 2017 in China but moved its servers and headquarters out from the region ahead of time in the Chinese federal government's ban on copyright buying and selling in September 2017.

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SEC Chair Emilio Aquino emphasized the possible menace to investors' security posed by ongoing use of copyright's platform. Despite copyright's significant existence and activity in the Philippines, the SEC aims to offer buyers with ample time to changeover their investments to authorized platforms.

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