SEC and Bangko to come up with Crypto and ICO rules

SEC and Bangko to come up with Crypto and ICO rules

The Securities and Exchange Commission (SEC) has teamed with the Bangko Sentral ng Pilipinas in order to develop rules that govern the crypto trade including virtual currencies and ICOs. The SEC Commissioner, Ephyro Luis Amatong stated, “When BSP says virtual currency exchange, they don’t mean as a trading exchange, they mean as money changer license.”

Leave a Reply

Your email address will not be published. Required fields are marked *