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Philippine Regulator Plans to Legalize Cryptocurrencies, Classify as Securities

Philippines SEC Commissioner Emilio Aquino stated in a news conference in late November 2017 that the agency plans to consider the virtual currencies as securities so that they can be regulated under the country’s regulatory code.

Philippines SEC Commissioner Emilio Aquino stated in a news conference in late November 2017 that the agency plans to consider the virtual currencies as securities so that they can be regulated under the country’s regulatory code.