Just sharing what's going on in the Philippines. Regulations for ICOs has been posted currently at the end train 3 (4 trains total) before it is accepted by the government. Both companies and associations have been very active working with the PH-SEC (yes and they are open for opinions). The initial draft (linked here) was first posted in August this year and it's moving a fast pace. It's estimated to be complete by November.
http://www.sec.gov.ph/wp-content/uploads/2018/08/MC-Rules-for-ICOs.pdfLet me know what you think!
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