Philippine Regulator Issues Rules on ICOs

2018-8-3 19:13

The Philippines Securities and Exchange Commission on Thursday issued its proposed rules on initial coin offerings (ICOs).

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The Philippines is now one of a list of countries about to regulate initial coin offerings

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

2018-8-3 23:45