Feature | News | NFT | Regulation
Are NFT Game Assets Considered Investments or Security?
Should Axie scholars be treated as employees? Are play-to-earn assets considered a security? And what’s the case with Pogi breeds?
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Sen. Poe: BSP Must Publicize Sanctions to BDO, UnionBank
The senator added that bank depositors expect full accountability and recompense for damages and losses incurred.
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News | NFT | Regulation
Are Project Owners and Influencers Responsible for an NFT Rug Pull?
Developers & influencers have the civil liability to be responsible for those who fell victims, no matter the reason behind the rug pull.
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BSP to Impose Sanctions on BDO and UnionBank over 2021 Hacking Incident
UnionBank also added that “there were no monetary penalties” and that all the recommendations of the BSP to avoid similar incidents had been implemented.
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SEC Issues Warning Against Leefire Limited’s Enticing Investment Scheme
The Commission stated that Leefire is “enticing the public to invest their money” on its platform.
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News | NFT | Regulation
Should Filipino NFT Projects Just Register Abroad?
He reiterated that not having the License to Transact Business by the SEC will only result in limited privileges in the country.
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BSP To Pilot CBDC for Wholesale Transactions
The initiative is part of its aim to promote the stability of the country’s payment system.
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Are NFT Art and Collectibles Considered Security?
Even if the market speculates, the fact that an asset is speculated on does not make it a security.
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SEC Warns Public Against Staking Scam YDYS Trading
The Commission reminded the public not to invest and to stop investing in any investment scheme being offered by YDYS TRADING.
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OFW Remittance Growth Slows in February
Personal remittances stood at $2.793 billion, a 1.2% higher from $2.759 billion last year, but still lower than January’s $2.966 billion.
