SEC Philippines Finalises Regulatory Framework for Crypto Industry

Webcast: SEC Final Crypto Rules -- What #CryptoPH Needs to Know

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SEC Philippines Finalises Regulatory Framework for Crypto Industry

SEC mandates registration and licensing for crypto asset service providers (CASPs) to enhance consumer protection and combat fraud. The Philippine Securities and Exchange Commission (SEC) has issued new guidelines mandating that all entities providing cryptocurrency asset services in the country must register and obtain licences. The guidelines, proposed in January, require crypto asset service providers (CASPs) to comply with AML/CFT/CPF laws a…