PDAXScope: PH SEC crypto rules, BTC ETF plans, SK election

SEC issues regulations for crypto service providers (Inquirer)

The Philippine SEC has issued new regulations for crypto service providers as reported by Inquirer. The rules set licensing, compliance, and reporting standards for firms handling digital assets. The overall goal is to strengthen oversight and protect users in the growing crypto adoption in the country.

Trump-linked asset manager files Truth Social Bitcoin ETF with SEC (Cointelegraph)

U.S. President Donald Trump’s social media platform Truth Social is planning to launch a spot Bitcoin ETF, according to Cointelegraph. The move aims to expand its financial offerings and tap into growing interest in Bitcoin.

South Korea Elects Crypto-Friendly Lee Jae-myung as New President (CoinDesk)

South Korea has elected a new pro-crypto president, Lee Jae-myung. CoinDesk reports that during the election, Lee Jae-myung promised to implement crypto-friendly policies to appeal to the nation's 15 million crypto investors.

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Disclaimer: PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems.  Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis. PDAX does not endorse or approve any cryptocurrency, and assumes no responsibility for, the content, accuracy or completeness of the same.

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Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels:

Email: consumeraffairs@bsp.gov.ph; Webchat: http://www.bsp.gov.ph (click webchat feature); Facebook: https://www.facebook.com/BangkoSentralngPilipinas; Direct Line: (02) 5306 2584 / (02) 8708 7087;  Trunk Line: (02) 8708 7701 loc. 2584; or SMS: 21582277 (for Globe subscribers only).

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.