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SEC getting more teeth vs crypto, online scammers

The Securities and Exchange Commission (SEC) has drafted, for public comment, the Implementing Rules and Regulations (IRR) of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA) which also covers digital products and cryptocurrencies.
In a statement, the C ....

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SEC revokes Fast Coin's lending license

The Securities and Exchange Commission (SEC) has revoked the Certificate of Authority (CA) of Fast Coin Lending Corp. to operate as a lending company for inactivity and its continuous non-compliance with disclosure requirements.
In a statement, the SEC said Fast Coin has committed several violatio ....

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