Kachawk on Nostr: About a month ago, the SEC in the Philippines released a circular regarding crypto ...
About a month ago, the SEC in the Philippines released a circular regarding crypto asset providers. while I do advocate for proper regulation for cryptocurrencies, like Bitcoin, it is important for these entities to understand that it’s a protocol; banning the use of apps that provide access to a global market (a market that is not based in any one country) is blind and ignorant in the understanding of what bitcoin is.
I wish this country could do better
Published at
2025-06-28 12:47:28 UTCEvent JSON
{
"id": "99b732faba6fd6777069299d53ce00337eaebe09a45374b891c3987330df8af4",
"pubkey": "6fa67257acb09d5a0e740420c88dfb74179b88ea8066da77604808812d182ac5",
"created_at": 1751114848,
"kind": 1,
"tags": [],
"content": "About a month ago, the SEC in the Philippines released a circular regarding crypto asset providers. while I do advocate for proper regulation for cryptocurrencies, like Bitcoin, it is important for these entities to understand that it’s a protocol; banning the use of apps that provide access to a global market (a market that is not based in any one country) is blind and ignorant in the understanding of what bitcoin is. \n\nI wish this country could do better\n",
"sig": "1c5274860f291b514e690d4f88ebf26ab50e51422069387d7f52ddfe6c88c6196037482971850ac071415f69a52ed108b8a168b7f0407f49d2435378374e1f3f"
}