The Bangko Sentral ng Pilipinas (BSP) said crypto-to-crypto trading for speculative or investment purposes through an exchange “fits naturally” under the perimeter of the Securities and Exchange Commission (SEC), and confirmed it plans to expose amendments to Circular No. 1108, its 2021 rule governing Virtual Asset Service Providers (VASPs), for public comment, according to a written response provided to BitPinas. The clarification comes amid questions around Binance’s return to the Philippines through an SEC Strategic Sandbox (StratBox) arrangement involving BlockShoals Technologies. This is described in a recent whitepaper released by its legal counsel Arden Consult as built around both the …
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Crypto
Ethereum researchers have published a paper proposing native UTXO (Unspent Transaction Output) support for the network’s execution layer, and Cardano founder Charles Hoskinson responded on …
Rising spot activity alongside falling leverage suggests long-term buyers may be replacing speculative traders. Ethereum (ETH) is trading at nearly 65% below its all-time …
