Mas ok kung affordable sa lahat ng uri ng mga pinoy na abot kaya karaniwan sa mga bago pa lang na susubok sa larangan ng trading in cryptocurrency at di mag dulot ng masama sa mga kabanayan natin na nais din umunlad.
Lahat ng mga pinoy potential maging traders kasi mattyaga ang mga pinoy need lang nila ng basic knowledge para dito at kunting puhunan kasi alam niyo naman po ang kitaan sa Pinas di po ba, talagang need mo ng extra income at yong iba takot mag take ng risk dahil karamihan sa atin ay mga walang ipon. 
Topic: Philippines to develop rules on cryptocurrency trading? (Read 794 times)
Mas ok kung affordable sa lahat ng uri ng mga pinoy na abot kaya karaniwan sa mga bago pa lang na susubok sa larangan ng trading in cryptocurrency at di mag dulot ng masama sa mga kabanayan natin na nais din umunlad.
MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
Matagal na itong usapin na ito, this was during the incidents where ang pangalan ng bitcoin ay ginamit ng mga scammers para makapera sa kapwa kaakibat sa pangyayaring ito ang sec at ilang sangay ng gobyerno ay nagpatupad ng regulasyon para maprotektahan ang mga mamayan laban sa mga taong ginagamit ang cryptocurrency para mang lamang ng kapwa. “We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
Am quite skeptical with this news update regarding icos and cryptocurrency. I often have this notion na once nakialam ang ahensya ng gobyerno o isang politiko sa isang bagay o isyu na may involve na pera mas nagiging complicated ang bagay2 imbes na mas maging smooth o maayos ang sitwasyon. I just hope na pag mangyari nga ito mas ipriority ang security at mga bagay na magbibigay ng benefits sa lahat ng pilipino at taong involve sa cryptocurrency kesa ang mga pang personal nilang motibo at kapritso.
Magandang hakbang pero sana wala namang kapalit. Pakiramdam ko kasi ay papatawan na tayo ng buwis ng gobyerno sa mga kita natin sa pag-titrade. Pero kung napatupad ito ay nag-aalangan din ako na masilip ng mga kawatan ang mga malakas kumita sa trading at ipa-kidnap for ransom. Sana naman huwag mangyari iyon.
MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
investing on icos is a self act. no one to be blame if you got scammed by the team because you have invested in a hoax company. it means nagkamali ka ng pinag investan and mali ka ng research as if naman may pumilit sayo mag invest. hacking and phishing maybe pwede pa. pero icos napakahirap iregulate nyan kase yung mga ponzi networking schemes nga nakakalusot icos pa kaya?
Napakagandang balita neto kung tutuusin kase makakatulong ito sa mga kababayan nateng walang mahanap na trabaho o yung mga di makapagtrabaho sa labas ng bahay. At pwede pa silang yumaman sa crypto, dapat lang ay ipalaganap ang tamang proseso kung paano mag simula o pumasok sa crypto world. 
Kung maging legal na ang cryptocurrency at ang gobyerno na ang maghahawak ok yun kaso wag lang sanag abusuhin ng gobyerno baka nanaman maglagay sila ng malalaking tax.
Dapat lang na magkaroon nang rules tungkol sa cryptocurrency sa bansa, para meron guide at hindi maabuso ang cryptocurrency pagdating nang panahon, mabuti nang sa simula palang meron nang batayan.
medyo naguguluhan pa ako sa ibig sabihin ng gagawin nilang ito kasi kung ang mga ico ang ireregulate nila hindi ppwede kasi ganun ang mga coins e deregulated. pero kung ang ireregulate nila e ang mga kunektado sa mga transactions ppwede siguro ito.
MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
Kung tuluyang mang sususportahan ng gobyerno natin ang cryptocurrency at magbigay sila ng conditions sana naman ung makakaya ng masang Pilipino at hindi lang ng mga nakakaangat. At sana isipin nila namakakatulong ito mga Pilipino kahit anumamg estado ng kanilang pamumuhay at hindi lang tulad nilang mayayaman. “We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
Sang ayon ako sa sinabi mo. Kasi sa patakaran ng gobyerno, kalimitan, kung sino lang yung mga mayayaman, sila sila lang yung nagpapayaman. At yung mga mahihirap, lalo nilang pinahihirap ang buhay. At sana huwag naman ganon kalaki ang tax na ipapatong nila sa mga kumikita sa cryptocurrency.
For sure, it is a good move. Money laundering is still a crime kahit ano pang paggamitan mo.
Security measure dn parang sa mga stocks ng companies. Kailangan maging regulated, hindi dahil pinagbabawalan kundi may nakikita silang potential sa crypto market as it is.
Threat? No I dont think it will be a threat. Magandang bagay sumunod tayo sa ibang countries about this.
Tama ka diyan, oras na para tayo ay makipagsabayan sa ibang bansa, kailan pa tayo sasabay di ba kung kelan tapos na ang lahat? dapat lang talaga na makipagsabayan na tayo huwag na tayong papatalo sa ibang bansa, dahil kaya naman natin aralin to kung tulong tulong lang tayo naniniwala ako madaming trader dito sa bansa natin. Security measure dn parang sa mga stocks ng companies. Kailangan maging regulated, hindi dahil pinagbabawalan kundi may nakikita silang potential sa crypto market as it is.
Threat? No I dont think it will be a threat. Magandang bagay sumunod tayo sa ibang countries about this.
For sure, it is a good move. Money laundering is still a crime kahit ano pang paggamitan mo.
Security measure dn parang sa mga stocks ng companies. Kailangan maging regulated, hindi dahil pinagbabawalan kundi may nakikita silang potential sa crypto market as it is.
Threat? No I dont think it will be a threat. Magandang bagay sumunod tayo sa ibang countries about this.
Tama ka diyan, oras na para tayo ay makipagsabayan sa ibang bansa, kailan pa tayo sasabay di ba kung kelan tapos na ang lahat? dapat lang talaga na makipagsabayan na tayo huwag na tayong papatalo sa ibang bansa, dahil kaya naman natin aralin to kung tulong tulong lang tayo naniniwala ako madaming trader dito sa bansa natin. Security measure dn parang sa mga stocks ng companies. Kailangan maging regulated, hindi dahil pinagbabawalan kundi may nakikita silang potential sa crypto market as it is.
Threat? No I dont think it will be a threat. Magandang bagay sumunod tayo sa ibang countries about this.
For sure, it is a good move. Money laundering is still a crime kahit ano pang paggamitan mo.
Security measure dn parang sa mga stocks ng companies. Kailangan maging regulated, hindi dahil pinagbabawalan kundi may nakikita silang potential sa crypto market as it is.
Threat? No I dont think it will be a threat. Magandang bagay sumunod tayo sa ibang countries about this.
Security measure dn parang sa mga stocks ng companies. Kailangan maging regulated, hindi dahil pinagbabawalan kundi may nakikita silang potential sa crypto market as it is.
Threat? No I dont think it will be a threat. Magandang bagay sumunod tayo sa ibang countries about this.
Malapit na talaga ang oras na bubuwisan nila tayong mga traders. Kunyari lang sila na ireregulate nila para safe ang pera natin pero ang kapalit ay magbabayad tayo ng malaki kada trades natin. Pero sana mali ang hinala ko.
Pero tama lang naman yan na buwisan tayong mga kumikita dito sa crypto kasi unfair din naman sa ibang nag tratrabaho na kinukuhaan ng buwis, tsaka malaki din naman ang kitaan dito eh kaya ok lang sa akin na buwisan tayo. At nakaka tulong din yan sa ekonomiya natin. At alam naman nating lahat na diyan rin hahantung yan. It's always for safety purposes. But of course, tax or other fees may still get in the way. Kung babalikan natin ang reason kung bakit nabuo ang cryptocurrencies, ito ay para alisin sa eksena ang mga regulators and middlemen sa mga business transactions. Ang goal e sa pagitan lang ng buyer at seller ang mangyayaring palitan para nakakasiguro ang seller na sa kanya ang BUONG KITA at hindi makakakuha ng pursyento ang di naman naghirap para kitain yun. I'm not against the regulators pero kung may aangal man sa pakikialam ng goverment at ng iiimpose na rules, sana maintindihan natin itong side na ito.
Tama ka idol, pero ganyan talaga e, anything has to do about money, pag pera na pag usapan iba na yan, the government is going to try or regulate bitcoin or other cryptocurrency, there's nothing "you cant ask a lion not to tear up its prey", that's always the government does to the consumer or user, to the citizens of human being is literally steal and tear from it, so its inevitable that they're going to try regulate bitcoin.
MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.
Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.
The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.
The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money. (source: https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)
Well wala naman akong nakikitang masama sa sinabi ni mr. Aquino kung tutuusin mas pabor nga yun sa atin eh. Madali na ma trace ang mga fake ico pag napatupad na yan. Wala akong reklamo jan basta ang panghihimasukan lang nila ay ang mga mag lalaunch ng ico. At hindi nila pakiki alaman ang mga pangkaraniwang investor gaya natin. Hindi naman investor ang may potential mangscam diba
.Sa tingin ko marami. Unang-una, paano nila gagawin ito, "The regulation, which will cover issuance and registration of cryptocurrencies..." 'Yong registration ng exchanges pwede, pero ang "issuance at registration ng cryptocurrencies" hindi ko alam kung paano nila gagawin. Pangalawa, ano ba alam nila sa ICO? Ipag-palagay natin na alam nila na 99% of ICOs are scam, ngayon, papaano nila ireregulate ang ICO? Mapipigilan ba nila ang tayo kung gusto nating mag-invest sa mga ICO? Siguro kapag local na ICO, pwede pa...pero kung foreign wala silang paki-alam doon!
Maganda yan, para hindi aabusuhin nang tao ang crypto kailangan talaga ang rules at guidance mula BSP at nang gobyerno. Maganda rin kung e adopt nag Pilipinas ang policy nang ibang bansa na magkaroon nang KYC sa lahat nang participants for security purposes lang.
I think kailangan pag isipan nang maigi ito para yung rules na maeestablish ay hindi maaapektuhan ung decentralized nature ng crypto. Regarding sa validity ng mga ICO, hindi ba foreign ang mga ICO? I think kaya natin imanage kung may sarili tayong cryptocurrency na gawa sa Pinas but kung foreign tapos ivavalidate natin, kaya ba? Given na madali na ang palitan sa internet at mahirap imonitor.
Kailangan talaga natin ng rules at regulation sa mga taong nagtatrabaho sa bitcoin dito sa pilipinas dahil ito ang magbibigay daan para sa malawakan at kasegurohan sa pagtatrabaho sa mundo ng cryptocurrency. Kaya sa mga kagaya kung pinoy kailangan natin itong sundin dahil para rin ito sa ating ikakabuti at ikakabuti ng bitcoin kaya huwag tayong dumisagree dito dahil ginagawa nila ito para maiwasan ang mga masasamang gawain sa pagtatrabaho.
Kahit na hindi pa ganun nakikinabang ang bansa natin para sa tax na galing sa cryptocurrency dapat lang naman po na magkaroon tayo ng mga rules and regulations dahil obligation pa din ng ating gobyerno na pangalagaan tayo Lalo na dito sa mundo ng cryptocurrency kung saan kailangan natin ng sandata in case. Jump to: