SEC Warns Public Against Unregistered and Unlicensed Cryptocurrency Exchanges in Philippines
The SEC is reminding the public to exercise caution or stop dealing with crypto exchanges not licensed in the Philippines.
The SEC is reminding the public to exercise caution or stop dealing with crypto exchanges not licensed in the Philippines.
SEC’s cashier’s office and all its extensions will only be accepting over-the-counter transactions until January 31, 2023.
Direct Agent 5 is planning to launch SurgePay – a blockchain wallet to make remittances coursed through the firm cheaper.
SEC says Inspiration Global Media is enticing investors without the necessary licenses to do so.
Gameloot is not registered with the SEC, has no proper license to accept investments from the public, and shows a potential Ponzi scheme.
The public is advised not to invest in or stop investing in any scheme being offered by Vertex Evo Trading and Carlos Jeff Z. Bayan.
This license is a go signal for Coins.ph to legally start the operations of its order book crypto trading platform, Coins Pro Exchange.
Citing the BSP Circular No. 1108, the central bank emphasized that virtual asset services providers must not lend out user funds.
BSP expects inflation to slowly decrease in the coming months, but warns it will take action to bring inflation back to target levels.
The DOJ has filed criminal charges against Silverlion Livestock Trading Corporation and its executives for illegal investment solicitation.