2020 Cryptocurrency Regulation in the Philippines Recap

A key highlight for 2020 is the vigilance of the Securities and Exchange Commission (SEC) in issuing advisories and cease and desist order, and in taking other enforcement actions against cryptocurrency-related investment scams, Forsage being the largest and most high-profile among them.

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Miguel Cuneta | SCI Ventures | 2020 Year in Review

Miguel Cuneta: Excited to see the local developments on other fast-growing fronts such as NFT crypto art and gaming. Most of all, looking forward to Bitcoin solidifying its position as the digital gold of our networked age and becoming the internet’s primary native monetary network for generations to come.

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Luis Buenaventura | BloomX | 2020 Year in Review

Luis Buenaventura: We’ve always been a focus area for small- to mid-sized crypto projects, but 2020 was the first time that the major players started to make substantial resource investments here. The PH crypto market is still growing, but the community is passionate and ready to join the international arena in a big way.

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