Philippine SEC partners with US counterpart to combat crypto fraud

THE Filipino SECOND East NOW collaborate with THE WE. SECOND And THE Asian Development Bank has better fight cryptography related crime.

News Join We on social networks

THE Philippines Securities And Exchange Commission (SECOND) has teamed up up with It is United States counterpart, as GOOD as THE Asian Development Bank has crack down on the criminals using cryptocurrencies has commit fraud And other financial crimes.

According to has A Seven. 15 press release, THE three establishments led A International Organization of Securities Commissions (IOSCO) Investigation And Enforcement Training workshop last month, In A offer has improve skills their combined fraud And scam prevention toolbox When he came has cryptography related crimes.

THE Securities And Exchange Commission (SECOND) Philippines collaborate with international organizations has further It is mandate of protect THE public Since securities fraud And other shapes of investment scams.

Read more has https://t.co/TzdieiKRSp#SECupdates pic.twitter.com/3ANDH9yrwC

— SECOND Philippines (@SEC_Philippines) September 18, 2023

Filipino SECOND Chair, Emilie b. Aquino said THE workshop aiming has "to strenghten THE aptitude of THE SECOND Philippines’ enforcement staff In conduct investigations on related to securities crimes as initiated trade, walk handling, Off-market fraud And crypto scams. »

In addition has THE workshop, THE Filipino SECOND sign THE IOSCO Multilateral Memorandum of Understanding on crypto crime. THE regulator Also look at has local the legislators has bolster It is enforcement powers by craftsmanship new laws that join has THE standards together by IOSCO.

THE Alliance between THE organizations Brands A stage Before For THE Philippines When he come has THE monitoring of digital assets In THE country.