Philippine Stock Exchange to Trade Crypto After Regulator Approval
The Philippine Stock Exchange revealed its plan to become the center for trading cryptocurrencies. This will likely happen once the country’s Securities and Exchange Commission (SEC) has approved. Cryptocurrencies such as Bitcoin and Ethereum are legal in the country. The Philippine Stock Exchange (PSE) has recently expressed its intention to lead cryptocurrency trading in the country. According to CNN Philippines, this will happen once the Asian country’s regulator has given its approval. PSE President and CEO Ramon Monzon said the idea was raised during an exclusive management meeting a couple of weeks ago. Monzon added: “If there should be any
