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BusinessWorld June 7, 2021 | 12:06 am THE Securities and Exchange Commission (SEC) flagged Xian Coin, which is an unregistered “digital currency” promising big returns with Christian Albert Gaza or Xian Gaza as the sole issuer. Xian Coin is said to be a centralized digital currency powered by the Etherium Blockchain traded exclusively by its coin holders. A blockchain or distributed ledger is a “peer-to-peer” database across computer networks, recording transactions that may never be altered. “Unlike other digital assets which are decentralized and use...

SM Investments Corporation (SMIC) has taken control over 2Go Group Inc. with the completion of the divestment of Dennis A. Uy from the company in favor the Sy family’s investment arm and Singapore private equity fund Archipelago Capital Partners Pte. Ltd. In a disclosure to the Philippine Stock E

DAVAO CITY, June 1 (PIA)- The Securities and Exchange Commission (SEC) has issued another set of advisories against several entities soliciting investments from the public without the necessary licenses.These unlicensed investment firms are:1. G-HARVEST INCORPORATED/GREAT HARVEST INCORPORATED...

The Securities and Exchange Commission (SEC) is coming out with guidelines that will facilitate the offering of collective investment schemes (CIS) across member jurisdictions of the ASEAN Capital Markets Forum (ACMF) that are signatory to the ASEAN CIS Framework. This is part of the move towards d

The Annual Stockholders’ Meeting of RCBC will be held virtually on June 28, 2021 at 4 P.M. For the safety and well-being of all the Bank's stakeholders, please be advised that, in lieu of a physical meeting, the Annual Stockholders’ Meeting of the Bank will be conducted virtually through htt