SEC and Google Will Require Crypto Advertisers to Present License to Operate Locally
All crypto businesses targeting the Philippines will be required by Google to show proof of license before they can offer ads.
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Regulation
All things regulatory and compliance.
Dept. of Finance Proposes Crypto Tax by 2024 in the Philippines
The incoming Marcos administration must first clarify the tax treatment of cryptocurrency transactions.
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[Update] E-Sabong Crypto? 12 âE-Sabongâ Sites Using Crypto as Bets, PNP Discovers
Bettors are warned that they are also liable and can be charged with violation of Anti-Illegal Gambling Law. (PD 449).
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Free Money: The Constitutional Aspects of Cryptocurrencies
In this paper, Atty. Rafael Padilla looked at the constitutional aspects of cryptocurrencies and why it is legally impossible to ban them.
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SEC Issues Cease and Desist Order Against Astrazion Group, AZNT Token
Astrazion Group was operating an online multi-level marketing platform that sells its digital currency called âAZNT Token.â
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Duterte Orders Govât Agencies To Use Digital Payment Systems
The president noted that the initiative would âpromote efficient delivery of services, expedite transactions, boost revenue and reduce the risk of graft and corruption.â
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SEC Warns Public Against Dragonflytechâs âPonzi Schemeâ
Dragonflytech entices the public to invest online by paying an amount, ranging from â±500.00 to â±100,000.00, in exchange for products.
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SEC Advisory vs Borrego, Cease and Desist vs Crowd1 Asia Pacific
The Commission also noted that users earn by purchasing any package and wait until the said âgeneration periodâ matures with a guarantee of zero loss.
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Axie Infinity Hack: Crypto Mixer Sanctioned by US Treasury
This is the first time that a Crypto Mixer is on a Sanctions List. But what is a crypto mixer? How is it related to the hack?
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US Court: BitMEX Founders to Pay $30M for Illegal Trading
BitMEX former CEO Arthur Hayes has asked the court for probation so he can be able to travel and be with his family.
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