New Regulatory Framework for Digital Asset Token Offering Introduced in Philippines

The new regulations released by the country’s Cagayan Economic Zone Authority (CEZA) are reportedly designed to regulate the cryptocurrency industry and protect investors, affecting such issues as the acquisition of crypto assets, including utility and security tokens. The CEZA thus becomes the main regulator, while the ABACA has been designated as a self-regulatory organization (SRO) to enforce the new framework.The rules are divided into tiers, wherein tier one involves investments and assets not exceeding $5 million made in digital tokens; tier two covers the $6–$10 million range, and tier three pertains to investments and assets exceeding $10 million.The PSEC initially issued a set of draft rules for regulating ICOs for public review in August, 2018. The agency then stipulated that any company registered in the Philippines looking to run an ICO, or any ICO selling tokens to Filipinos, must submit an “initial assessment request” to the Commission to determine whether or not their token is a security.However, in the beginning of 2019, the PSEC claimed it is not ready to issue final ICO regulation, attributing the delay of the release to a request by different stakeholders for further time to look at the draft ICO rules.



BitTorrent Partners with CoinPayments to Launch Support for Native BTT Token

As reported, BitTorrent launched its BTT token this January — its first full-fledged move to begin to tokenize its content sharing ecosystem, roughly six months after the company was acquired by decentralized internet startup TRON.According to today’s press release, BitTorrent has already been collaborating with CoinPayments on supporting TRON (TRX), Bitcoin (BTC) and Binance Coin (BNB) payments for premium services. With the addition of BTT support, users can now reportedly use the token to pay for BitTorrent and µTorrent Pro subscriptions, which offer file conversion, HD quality streaming and malwareprotection.As reported, the roadmap for TRON and BitTorrent’s mutual integration has been dubbed “Project Atlas,” which aims to create a decentralized content distribution platform using cryptocurrency. As of press time, TRON (TRX) is ranked as the 8th largest cryptocurrency by market cap, and is trading at around $0.0258, up 0.25 percent on the day


Samsung dismisses Galaxy S10 may come with a cryptocurrency cold wallet

Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone

The three E.U. trademark requests appear in searches on the European Union Intellectual Property Office (EUIPO) website, and are titled “Blockchain KeyStore,” “Blockchain key box” and “Blockchain Core” respectively.

As previously reported, Taiwanese consumer electronics manufacturer HTC announced the release of the “first native blockchain phone,” this May, with news this week that decentralized browser Brave is to be the native browser on the firm’s blockchain phone, known as “HTC Exodus 1.”

This summer, Samsung SDS launched its own blockchain platform for finance-related businesses, as well as a further blockchain implementation that targets the logistics industry.