The Philippines may have strict laws for Crypto Crimes

The Philippines may have strict laws for Crypto Crimes

Senator Leila M. de Lima has proposed a bill called SB 1694. The bill seeks to increase the penalty level of crypto-related crimes by a degree higher than the existing one. The bill stated, “The penal laws must adapt to the changing times.” It is said that the security agency is also functioning towards determining the legal status of crypto activities.

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