Philippine: SEC Will Soon Release ICO and Cryptocurrency Exchange Rules

ETH News

The Philippines’ Securities and Exchange Commission (SEC) recently indicated that cryptocurrency exchanges may be regulated as trading platforms, according to a September 3 report from The Manila Times. SEC Commissioner Ephyro Luis Amatong told the publication that the commission expects draft rules to be released by the end of next week. In preparing these guidelines, the SEC is reviewing the cryptocurrency exchange regulations that exist in Australia and Switzerland as potential templates.

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