The SEC’s Fintech Forward 2025 event promoted financial literacy and strengthened dialogue with the Philippine crypto community on innovation, regulation, and investor protection.
Bybit has stopped new sign-ups from the Philippines after the SEC cracked down on unlicensed crypto platforms and enforced its new CASP regulations.
The Securities and Exchange Commission (SEC) on Oct. 22 issued draft rules for its “Verification of Electronic Records and Information Trust and Authentication System (VERITAS).”
In his speech before FINEX on October 7, Lim cited an alleged industry report claiming that corruption scandals had wiped out ₱1.7 trillion in market value from publicly listed companies. He later learned that the report was false.
Lawmakers and regulators praised BayaniChain’s blockchain projects for Baguio City and the DBM, calling them proof that tech can fight corruption and boost transparency.
From Vietnam’s five-year crypto pilot to US SEC extending decisions on several crypto ETF proposals, here are the news you may have missed this week.
The Securities and Exchange Commission (SEC) pushed back against criticism that it abruptly moved to restrict unregistered international crypto exchanges in the Philippines, stressing that Filipinos had been given sufficient time to withdraw their funds before enforcement actions were taken.
According to the Commission, these platforms allow Filipino users to sign up using Philippine mobile numbers and accept payments in pesos, often through local banks or e-wallets.
The Philippine SEC will host a free public webinar on August 27 to explain new CASP rules, answer crypto questions, and promote investor protection.
The SEC stated that the rules, which took effect on July 5, apply to all entities, local or foreign, that offer crypto services to users in the Philippines.
