THE Securities and Exchange Commission (SEC) will be tying up with the University of the Philippines Law Center (UPLC) to improve policy formulation and to better address the regulation of financial technology (fintech). READ:
THE Securities and Exchange Commission will be tying up with the University of the Philippines Law Center to improve policy formulation and to better address the regulation of financial technology .
The SEC is targeting to issue rules on cryptocurrencies and blockchain technology for the issuance of digital assets and the regulation of digital asset exchanges, said Mr. Aquino. “Under the partnership, the UPLC will provide aid in the creation of a legal and regulatory framework to initially address issues surrounding cryptocurrencies, before focusing on other fintech products and their corresponding regulation,” the SEC said.
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