Philippines SEC Crafting Regulations for Cryptocurrency and ICOs
The primary securities regulator of the Philippines has recently confirmed of crafting regulations on cryptocurrency transactions and ICOs in the goal to reduce fraud risks and protect the investors.
The Securities and Exchange Commission (SEC) said that regulations is necessary because ICOs are sprouting especially in 2017 and they are working with it carefully to come up with a set of rules that protect investors in this new space.
The regulation will introduce guidelines particularly on the cybersecurity posture of crypto markets, the eligibility of ICO issuers accounting for the technology used and the operators behind it, as well as the financial literacy of investors.
Samsung Now Manufactures Cryptocurrency Mining Hardware
Samsung is the latest chip manufacturer to enter the cryptocurrency mining ASIC manufacturing business.
Reports say that the company has already started producing the ASIC chips for a Chinese client early this month.
The Korean giant electronics company is set to profit not just from the rise of bitcoin ASIC mining, but also from the huge parallel demand for GPU-based crypto mining.
Headlines for the world of Cryptocurrencies - January 29, 2018A Mall In Singapore Sells Cryptocurrency Mining Rigs / Starbucks Chairman Shows Interest In Cryptocurrencies |
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Headlines for the world of Cryptocurrencies - January 28, 2018Belarus' Friendly Regulations on Cryptocurrencies Could Attract Foreign Capital And ICOs / Katy Perry On An Instagram Post With 'Crypto Claws' |
Headlines for the world of Cryptocurrencies - January 27, 2018A Japanese Retail Giant Yamada Denki Now Accepts Bitcoin Payments / The National Pension Fund In South Korea Indirectly Invests In Cryptocurrencies |
