
Philippines: SEC delays launch of digital asset regulations over concerns on FTX collapse
SEC Chairperson Emilio Aquino said that the rules could be launched before the end of 2023, hinging on the addition of proper safeguards for investors.
SEC Chairperson Emilio Aquino said that the rules could be launched before the end of 2023, hinging on the addition of proper safeguards for investors.
Kelvin Lester Lee, a commissioner with the SEC, noted that the partnership was born out of the securities watchdog’s need for digitalization and achieving “innovation through regulation.”