Build, Regulate, Navigate. Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Securities and Exchange Commission (SEC) announced it will officially lift its nearly five-year moratorium on new online lending platforms (OLPs) effective August 1. According to the regulatory body, the move comes alongside the introduction of a new regulatory framework under Memorandum Circular No. 20, Series of 2026 (MC 20), which establishes disclosure, market conduct, and capital requirements for financing companies (FCs) and lending companies (LCs) operating digital credit systems. The new circular applies to all newly registered, existing, and …

