The Philippines Securities And Commission had recently unveiled the new regulatory framework for digital asset token offerings.

According to the press release, all DATOs are now required to have complete proper documents that contain the details of the project, issuer, advice, and certification of experts behind the project. On top of that, Offshore Virtual Currency Exchange (OVCE) license for the tokens you plan to release.

The new regulations are divided into three tiers. The first tier is designated for assets and investments that do not exceed $5 million in digital tokens. The second one is for $6 to $10 million worth of digital assets, whereas the third tier focuses on assets and investments that amount to over $10 million.

Read more here: https://www.unblock.news/news/psec-released-new-regulatory-framework-for-datos