Former SEC President on Why Krops ICO is a Sale of Securities
Writing for a newspaper column, the former SEC president elaborates the reasons why the Krops ICO can be regarded as a sale of securities.
Writing for a newspaper column, the former SEC president elaborates the reasons why the Krops ICO can be regarded as a sale of securities.
The Philippine Securities and Exchange Commission revealed that it is creating rules for cryptocurrency trading in the country.
The Philippine Securities and Exchange Commission reiterates that companies must register their ICOs if they are offering securities to investors.
As investment schemes, ICOs are classified as an activity where you sell securities, and as such must be in compliance with the Securities Regulation Code.
The Securities and Exchange Commission issued new comments as to how to deal with Initial Coin Offerings in the future.
Seeing the growing demand for cryptocurrency in the Philippines, the government considers applying existing laws on ICOs and virtual currencies.