Draft Crypto Exchange regulations to be released in the Philippines

Draft Crypto Exchange regulations to be released in the Philippines

The Philippines Securities and Exchange Commission (SEC) would release draft regulations for cryptocurrency exchanges. According to the Commissioner Ephyro Luis Amatong, the draft rules would be released ‘within the first half of September.’ The final regulations are said to be issued by the end of the year. The authority issued draft ICO regulations in the month of August.

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