BSP Governor Benjamin Diokno noted that taxing digital transactions is universal for both developed and emerging economies like the Philippines, adding that “taxing transactions is better than taxing income.”
The PSE warns investors regarding a fake blockchain investment solicitation program offered by an individual pretending to be employed by the exchange.
The World Investor Week is a global campaign by the IOSCO that encourages securities regulators around the world to put a spotlight on efforts to promote investor protection and financial literacy.
CICC pledge to provide technical assistance to the SEC through appropriate seminars, workshops, and training, aiding the Commission in executing its mandate against cybercrime prevention, suppression, and prosecution.
An advisory published last Tuesday, September 28, by the Securities and Exchange Commission (SEC) warned the public against dealing with Pogi Breeds International, a group of individuals that plays play-to-earn game Axie Infinity through soliciting investments from the public.
BSP added that people involved in “play-to-earn” games should exercise caution as there is a threat of abuse.
What is included in the new House Bill No. 7425 that seeks to tax the online services Filipinos use?
KingABC Lending Corporation is the operator of online lending platforms Pondo Loan, Start Loan, Green Loan, and Loan Club.
The Bangko Sentral ng Pilipinas (BSP) has issued the governance policy for Operators of Payment System (OPS).
“We do speak with the regulators, the Philippines included, we sometimes do that directly,” said Entwistle, while also noting that sometimes it is their partners who talked to regulators.