The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading.
The Philippine Stock Exchange (PSE) is aiming to be first in line when financial regulators give the green light for crypto asset trading in the country.On Friday, July 2, CNN reported that PSE president and CEO Ramon Monzon said the local bourse should be the country’s first exchange platform for crypto assets. He stated: “If there should be any exchange for cryptos, it should be done at the PSE. Why? Number one, it’s because we have the trading infrastructure. But more importantly, we’ll be able to have investor protection safeguards especially with a product like crypto.”The country’s stock exchange is now awaiting guidelines from the Philippine Securities and Exchange Commission and other financial regulators.Despite his eagerness to support crypto asset markets, Monzon warned of crypto’s volatility, stating: “
Źródło: https://cointelegraph.com/news/philippine-stock-exchange-wants-to-launch-local-crypto-markets-first
