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​Philippines issues new rules on acquiring cryptocurrency assets

( February 8, 2019, 09:01 GMT | Official Statement) -- MLex Summary: The Philippines, through the Cagayan Economic Zone Authority, has approved Digital Asset Token Offering regulations that cover the acquisition of crypto-assets, including utility and security tokens. The regulations define the offering documents required and state that tokens must be listed on a licensed offshore virtual currency exchange. The Asia Blockchain and Crypto Association has also been designated as a self-regulatory organization to help implement and enforce the new rules.The statement follows:...

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