A Filipino entrepreneur and blockchain developer has called on the world’s cryptocurrency community to emulate his country’s model in crafting rules to regulate the nascent industry, Business Cloud reported.
The entrepreneur in question is Patrick Palacios, founder and CEO of crypto exchange LoyalCoin and digital reward programs provider Appsolutely. He was referring to the proposed cryptocurrency and initial coin offering (ICO) regulations put forward by the local Securities and Exchange Commission (SEC). The watchdog is encouraging the local blockchain community to submit suggestions and feedback before an “appropriate rule” on digital assets is fina...
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