Under the novel framework, CEZA, which is the main regulating authority, has officially approved Digital Asset Token Offering (DATO) regulations which involve the acquisition of virtual assets, including utility and security tokens. What is more, the Asia Blockchain and Cryptocurrency Association (ABACA) is chosen as a Self-Regulatory Organization (SRO) to help run and apply the newly drafted rules.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/philippines-cryptocurrency-rules/
