фото показано с : bitcoints.com

The Philippine SEC has introduced the draft rules on how companies can fundraise via ICO whereas all token are defined as securities by default.
The regulatory move comes as various countries worldwide are either developing legal frameworks to govern ICOs or are issuing guidelines on how to avoid falling foul of securities rules.
Following the pace of its neighbor Thailand that recently launched a legal registration process allowing ICO projects to fundraise, Philippines is going to be the next Asia tiger to set new rules governing token sales.
On Thursday the Philippine Security and Exchange Commission (SEC) has released a 37-page memorandum outlining its proposed rules for local ICOs.
The draft rules end several months of speculation regarding the SEC’s position on ICOs, which have gained traction in the Philippines over the past year.

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