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RE: Headlines for the world of Cryptocurrencies - August 04, 2018
I am glad that the Philippine SEC is bringing in regulatory clarity in the crypto space in the philippines. I just hope they don't suddenly declare all crypto as securities.
Most likely they mean all cryptos which are registered onto them most likely the upcoming Philippine ICOs. That is actually a good move which will raise the standards of the applicants. There are currently from what I have heard, a LOT of scam projects out there applying to be registered. What I do hope is that law should only encompass new registrants on Phil. jurisdiction.