Philippines SEC Plans to Regulate Cryptocurrencies, ICOs

Philippines SEC Plans to Regulate Cryptocurrencies, ICOs

The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalized this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection, […]