The Philippines’ Securities and Exchange Commission (SEC) has formally issued its rules governing crypto asset service providers (CASPs), requiring entities offering such …
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Philippines
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Philippines Enacts Sweeping Crypto Rules, Mandates Licensing and Capital Requirements
by shayaanby shayaanIn brief CASPs must register as local entities with a minimum ₱100M ($1.8M) paid-up capital and maintain physical offices. New rules require …
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The Philippine Securities and Exchange Commission (SEC) has taken a major step toward regulating the country’s fast-growing digital asset industry by issuing …
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Scams
Startup CEO Charged After “AI” Turns Out to Be Humans in the Philippines
by shayaanby shayaanA tech founder who raised over $40 million pitching a cutting-edge AI shopping app has been charged in the U.S. with fraud …