Philippines to develop rules on cryptocurrency trading?

[Vinalians]

Para sakin hindi to maganda para lang naman sakin dahil may kanya kanya tayong mga pananaw sa buhay feeling ko kasi dahil hindi na magiging malaya ang mga traders sa kanilang ginagawa parang ang nangyayari ay nireregulate nila ang pag ttrade.

[janvic31]

tingin ko di naman talaga to rules sa crypto.
bibabalalaan lang tayo at ang mga kababayan natin tungkol sa mga virtual currency,tokens or something na pwede e-invest.
mas maganda na rin to para aware tayo sa nangyayari sa bitcoin at maiwasan ang mga mapagsamantala.

[Torbeks]

(To be frank, when the statement is coming from a person you don't believe and you don't like I don't believe him at all).

Either they support a project to create one crypto from and made by Philippines why he need to highlight and criticize the failure of the other people why not suggest a better way to do it??

I do look forward having our own coins and I will buy it during the date of launching.

The Philippine Government, including the SEC and even the BSP itself are not against CryptoCurrency.  They just wanted to make sure to make a proper guidelines for the protection of the one who use and receive compensation thru Bitcoin, tokens, coins, etc.  This news is not a threat to us here.  And I don't see any reason for having us our own coins while our Peso itself is suffering right now against the US Dollar.   

Medyo malayo nga yung comment niya sa sinabi ni OP e. Hindi naman maglalabas ang pilipinas ng sariling coin. Yun kasi ang problema e, hindi muna iniintindi ang topic bago mag-comment. Dapat binabasa at iniintindi muna. Matagal na itong ganitong issue. Panukala pa nga ng isang kongresista na imbestigahan ang nangyayari sa crypto para pangalagaan ang mga investors at traders (Nakalimutan ko lang yung link). Maganda naman ang kanilang hangarin dito at sana talaga, matupad ito.

[e19293001]

Ito ang punto ng gobyerno, trusted nga at legit yung organization na
nag initialize ng ICO, pero kung may isang tao dyan na itakbo yung
pera mo, mahirap na yan ibalik, yan ang problema. Marami dito sa forum
na to na mataas ang trust rating, pero anong ginawa? Nang scam ng
maraming tao.

Nagustohan ko yung post na to:
https://bitcointalk.org/index.php?topic=1702409.msg19035519#msg19035519

[Aying]

Ito ang punto ng gobyerno, trusted nga at legit yung organization na
nag initialize ng ICO, pero kung may isang tao dyan na itakbo yung
pera mo, mahirap na yan ibalik, yan ang problema. Marami dito sa forum
na to na mataas ang trust rating, pero anong ginawa? Nang scam ng
maraming tao.

Nagustohan ko yung post na to:
https://bitcointalk.org/index.php?topic=1702409.msg19035519#msg19035519

tingin ko mananagot mismo ang gobyerno kung mangyari ang sinasabi mong scam na yan kasi sila na mismo ang nagsalita about sa trust ang legit ng organization na yan.,

[Iyhen]

Sa tingin ko, malabong magkaroon ng rules or regulations sa Pilipinas dahil mahirap kontrolin ang crypto market dahil sa masyado itong malaki. Ito ay tumatakbo globally kaya't kung gagawan man nila ng regulation ang crypto ng Pilipinas, kinakailangan din nilang i-consider ang lahat ng pumapasok at lumalabas na mga trade or transactions.

[janvic31]

Para sakin hindi to maganda para lang naman sakin dahil may kanya kanya tayong mga pananaw sa buhay feeling ko kasi dahil hindi na magiging malaya ang mga traders sa kanilang ginagawa parang ang nangyayari ay nireregulate nila ang pag ttrade.

hindi pa naman naten alam kung anung rules ang idedevelop nila malay naten mas makakatulong pala ang gagawin nila para sating mga trader.

[ofelia25]

Para sakin hindi to maganda para lang naman sakin dahil may kanya kanya tayong mga pananaw sa buhay feeling ko kasi dahil hindi na magiging malaya ang mga traders sa kanilang ginagawa parang ang nangyayari ay nireregulate nila ang pag ttrade.

hindi pa naman naten alam kung anung rules ang idedevelop nila malay naten mas makakatulong pala ang gagawin nila para sating mga trader.

wala naman kinalaman sa ICO yan mga hackers na yan. tingin ko hindi magiging maganda ang panukala nila ito para sa mga traders natin dito sa pinas. mas maganda pagisipan nila kung papaano talaga mamulat ang mga tao sa cryptocurrencies

[miyaka26]

Anung kinalaman ng hacking incident sa investments sa isang ICO's? hindi ko makita koneksyon niyan sa investments scammers at sa hackers pero totoo naman yung sinabi na masyadong risky pero sana wag iban dahil masasayang yung opportunity sa mga legit na ICO sabi nga nila pagaralan munang mabuti ang papasukin bago ka magcommit, bigyang action muna sana yang mga investments scheme sa ating bansa nakakaawa na yung iba nating kababayan marami pa ding scammer ang malaya na hindi nababayaran yung mga nscam nila o nabigyan man lang ng katarungan, newg naparusahan na pero madame pa din sila kahit outside the cryptocurrency sana yun muna bago sila umisip ng paraan sa mga ICO's

[jekyounghusband]

Maganda ang may rules sa cryptocurrency pero depende sa rules na ipapatupad. Wala tayong alam kung ano ang nga ito. Pero sa ngayon, naiisip kong mas maganda ang may rules para mas maregulate ng maigi ang cryptoworld dito sa Pilipinas. Pangit ang msyadong maluwang. Maganda ang may rules na sinusunod para sa ikakabuti din ng mga investors at nagbobounties.

[Brahuhu]

dapat may rules din sa cryptocurrency pero naka depende po sa rules na ipapatupad nila. kung mag kakaroon tayo ng sariling coin mag kakaroon talaga ng rules pero ibabase nila sa coin. maganda talaga ang may rules para mas maregulate ng maigi ang cryptoworld dito sa Pilipinas  pero dapat ibase nila doon sa coin para okeeey sa iba.

[darkangelosme]

Para sakin hindi to maganda para lang naman sakin dahil may kanya kanya tayong mga pananaw sa buhay feeling ko kasi dahil hindi na magiging malaya ang mga traders sa kanilang ginagawa parang ang nangyayari ay nireregulate nila ang pag ttrade.

hindi pa naman naten alam kung anung rules ang idedevelop nila malay naten mas makakatulong pala ang gagawin nila para sating mga trader.

wala naman kinalaman sa ICO yan mga hackers na yan. tingin ko hindi magiging maganda ang panukala nila ito para sa mga traders natin dito sa pinas. mas maganda pagisipan nila kung papaano talaga mamulat ang mga tao sa cryptocurrencies

Kung ang mga traders ang pakay ng rules na yan ay tingin ko tama ka hindi nga ito magandang balita para sa mga traders.  Pero kung yung ICO lang naman yung pakay nyan e ok naman para iwas scam din, basta wag lang nila isali sa rules yung mga investors.

[jops]

MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud.  The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.

“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.

Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.

The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.

The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money.  (source:  https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)

  Philippines to develop rules on cryptocurrency trading? Ibig sabihin nito tinatanggap ng gobyerno ang bitcoin dito sa pilipinas. Sana isa ito sa magiging dahilan upang maging legal ang bitcoin sa pilipinas. At sana ang mga regulation na gawain ng pamahalan ay di masyadong makaka apekto sa atin/.

[XFlowZion]

Malapit na talaga ang oras na bubuwisan nila tayong mga traders. Kunyari lang sila na ireregulate nila para safe ang pera natin pero ang kapalit ay magbabayad tayo ng malaki kada trades natin. Pero sana mali ang hinala ko.

[iconicavs]

(To be frank, when the statement is coming from a person you don't believe and you don't like I don't believe him at all).

Either they support a project to create one crypto from and made by Philippines why he need to highlight and criticize the failure of the other people why not suggest a better way to do it??

I do look forward having our own coins and I will buy it during the date of launching.

Indeed sir and if we will actually get a chance to own our coin then it would be better. We will be no longer under the foreign coins. Our developer and us ourselves will be more confident in this field.

[iconicavs]

Malapit na talaga ang oras na bubuwisan nila tayong mga traders. Kunyari lang sila na ireregulate nila para safe ang pera natin pero ang kapalit ay magbabayad tayo ng malaki kada trades natin. Pero sana mali ang hinala ko.

Mabuti kung ganon ang gagawin nila pero may additional na mas mahigpit na security para iwas scam. Hindi naman siguro masama kung bubuwisan nila tayo, ulong na din po yun sa ekonomiya pero sana baguhin at higpitan ang sistema na maging in favor sa atin pag dating sa pag kekeep ng mga coins/token natin.

[iconicavs]

MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud.  The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.

“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.

Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.

The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.

The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money.  (source:  https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)

  Philippines to develop rules on cryptocurrency trading? Ibig sabihin nito tinatanggap ng gobyerno ang bitcoin dito sa pilipinas. Sana isa ito sa magiging dahilan upang maging legal ang bitcoin sa pilipinas. At sana ang mga regulation na gawain ng pamahalan ay di masyadong makaka apekto sa atin/.

Yes sir, yung ang isa pang kagandahan nitong sinasabi nilang regulations sa trading. It only means fully legal na ang bitcoin sa bansa. Syempre mas pabor sa atin yon kasi traders tayo. Sana lang po ang regulations na ito ay maging fair at hindi naman mang abuso. Hindi porket ionvolved tayo dito ay madami tayong pera. HAHA.

[L00n3y]

MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud.  The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.

“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.

Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.

The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.

The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money.  (source:  https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)

Sa tingin ko maganda ang hakbang na ito ng ating gobyerno dahil makaka attract ito ng maraming mamumuhunan sa merkado dahil mababawasan na ang kanilang kaba at takot dahil sa mga regulasyon na ito.

[makolz26]

Ano po ba ang cryptocurrency saka ano po ang papel na ginagampanan nito sa pag bibitcoin tanong lang po newbie po kasi atleast kumukuha po ako idae salamat po 😊

Bitcoin is a cryptocurrency itself, siya ang pinaka pioneer kaya tinatawag siya ng ilan na mother of cryptocurrency dahil nabuhay ang mga ilang coins at token dahil dito, ang cryptocurrency ay tinatawag ding digital currency dahil hindi siya nakikita or nahahawakan but we know it is existing.

[primarydumz]

Hopefully itong rules na ipinapatupad nila fair at sana lahat mka benefit. At sana gagawa ng way yung gobyerno natin na ma twist yung outlook o paniniwala ng nga pinoy about cryptocurrency kase halos negative lahat ang nasa utak ng pinoy dahil sa nga hindi magandang pangyayari.