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Philippine SEC Drafts Rules to Strengthen Crypto Regulations
The Philippine Securities and Exchange Commission (SEC) has released a draft legislation aimed at enhancing the country’s burgeoning crypto landscape. The proposed rules focus on licensing, transparency, and market integrity.
As the Philippines ranks ninth internationally in terms of cryptocurrency adoption with 10.49 million users, increasing from 7.1 million last year, there is an urgent need for robust regulatory measures to govern the sector.
Source: www.crypto-news-flash.com
