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Philippines Postpones Crypto Rules Release to Study FTX Fiasco
The Philippines may have to wait longer to have proper cryptocurrency regulations after the country's financial regulator postponed the release of a legal framework for the industry.According to a local media house report, Emilio Aquino, the Chairman of the Philippines’ Securities and Exchange Commission (SEC), said the postponement of the release of the guidelines was meant to give the regulator time to assess how best to protect investors after the collapse of FTX.Philippines Cautious after FT...
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Posted: Jun 7 2023, 16:20
Author Name: financemagnates
Views: 081244