DeFi, Law and Regulation by Atty. Rafael Padilla

In a paper published by Atty. Rafael Padilla, Co-Founder and Trustee of BlockDevs Asia and Professor of Law at San Beda Alabang, the application of blockchain and smart contracts in finance gives financial regulators no choice but to revisit existing rules and, at the same time, assess their relevance in the world of Decentralized Finance (DeFi) and open finance. 

Read more

2019 Regulatory Developments on Crypto & Blockchain in the Philippines

By Atty. Rafael Padilla: For the legal nerds, this year’s centerpiece is R.A. 11453, the Amended AFAB Charter. This new law which was enacted by Congress last August 2019 quietly introduced the term “cryptocurrency” for the first time in the Philippine legal system.

Read more