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Crypto platforms hit in SEC crackdown
The Freeman
|August 07, 2025
The Securities and Exchange Commission (SEC) warned Filipinos against engaging in unregistered cryptocurrency platforms after it discovered at least 10 websites offering crypto-asset services without a proper license to operate.
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In an advisory published on Monday, August 4, the SEC said that unauthorized cryptocurrency platforms pose a “significant risk” to Filipino investors, who could lose all their investments, have no legal recourse, and become vulnerable to fraud, market manipulation and identity theft.
“The Commission likewise warns the public that unregistered crypto-asset platforms may be exploited for money laundering and terrorist financing,” the SEC added.
Cette histoire est tirée de l'édition August 07, 2025 de The Freeman.
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