The head of the Philippines’ Securities and Exchange Commission (SEC) is targeting draft rules for domestic cryptocurrency exchanges within weeks ahead of finalizing regulations later this year.

Cryptocurrency exchanges in the Philippines could soon operate as regulated trading platforms as authorities proactively seek to both protect investors and enable an inclusive ecosystem for cryptocurrencies to flourish in the country.

In quotes reported by BusinessWorld, SEC commissioner Ephyro Luis B.Amatong  stated:

“We will put out a draft rule for the virtual currency exchanges, hopefully within the first half of September.”

See more - https://www.ccn.com/philippines-prepares-to-regulate-cryptocurrency-exchanges-as-trading-platforms/