2018-8-3 23:50 |
News
The Philippine SEC (Security and Exchange Commission) approved draft rules for initial coin offerings (ICOs), ABS CBN News reported.
Also read: Philippine SEC to Develop Cryptocurrency Regulations
All Entities Embarking on ICOs to Register With the SEC First
In February, news.Bitcoin.com reported that the Philippine SEC was developing a regulatory framework to govern cryptocurrency transactions.
The SEC stated 12 points in the proposed rules released on August 2.
He also said the SEC requires all entities embarking on ICOs to register with the SEC first, the Philippine Star reported.
What do you think of the Philippine SEC draft rules on crypto?