The Securities and Exchange Commission (SEC) has ordered Forsage Philippines to stop soliciting investments from the public through a crowd-funding platform based on the Ethereum blockchain technology.
FCash Global Lending, which operates online lending platforms Fast Cash and Fast Cash Loan, has made multiple attempts to collect loan payments by contacting or threatening persons other than those that the borrower has identified as guarantors or co-makers.
The SEC has launched a webinar series aimed at boosting the ease of doing business, develop an inclusive capital market, and attract investors in the Philippines.
The SEC said the act of Crowd1 of publishing and making presentations on its investment/business scheme through its website, Facebook, YouTube and on-ground events, and inviting investors constituted a public offering not allowed under its license.
The Securities and Exchange Commission has warned the public against individuals and groups engaged in unauthorized activities such as investment-taking in the guise of cryptocurrency trading and online selling.
The Securities and Exchange Commission (SEC) has issued another warning against Bitcoin Revolution, which presents itself as a cryptocurrency trading program purportedly endorsed by government officials, businessmen, and celebrities.
The Securities and Exchange Commission (SEC) has advised corporations to strengthen their cybersecurity as more Filipinos turn to digital transactions amid the Covid-19 pandemic.
Aside from applications for company registration, the agency now accepts requests for monitoring of corporations, status of corporations, certificates of no
derogatory information through e-mail.