The Securities and Exchange Commission (SEC) is reopening the online lending app market nearly five years after freezing new entrants, but is doing so under a stricter regulatory regime meant to curb the abusive and predatory practices that have long dogged the sector.
In a post on X after returning from the Philippines, Binance founder Changpeng Zhao said the country has climbed to fourth place globally in TRM Labs' Country Crypto Adoption Index, reflecting the increasing use of digital assets among Filipinos.
The Securities and Exchange Commission (SEC) has revoked the corporate registration and lending license of Delisha Lending Investor and Trading Corp. after finding that the company operated several undisclosed online lending applications and repeatedly failed to comply with regulatory requirements.
BlockShoals Technologies said it has selected a Bangko Sentral ng Pilipinas (BSP)-accredited Virtual Asset Service Provider (VASP) and is completing due diligence before beginning onboarding and system integration, a move the company said was already required under its Securities and Exchange Commission (SEC)-approved testing framework.
The Securities and Exchange Commission (SEC) has released for public comment a revised set of draft rules that would lift the moratorium on the registration of online lending platforms (OLPs) while imposing higher capital requirements and tighter consumer protection measures on financing and lending companies.
The Securities and Exchange Commission (SEC) has issued separate cease-and-desist orders (CDOs) against Riscoin and BG Wealth Sharing Ltd., directing both entities to stop allegedly soliciting investments from the public without the required regulatory approvals.
The Securities and Exchange Commission (SEC) has granted final approval to BlockShoals Technologies Inc. to begin testing its financial products and services under the agency’s regulatory sandbox, paving the way for Binance-linked onboarding of Filipino users into a regulated crypto environment.
Philippine fintech firm BlockShoals Technologies has partnered with crypto exchange Binance as part of the Securities and Exchange Commission’s (SEC) Strategic Sandbox (StratBox) framework,...
The Securities and Exchange Commission (SEC) has released a new digital resource that brings together all updates to the country’s securities regulations from 2000 to 2026.
The Securities and Exchange Commission (SEC) is planning to allow corporations to file certain amendment applications without submitting physical documents, as part of efforts to streamline regulatory processes and support digitalization.
