Headlines

SEC Lifts Five-Year Moratorium on New Online Lending Platforms

Build, Regulate, Navigate. Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Securities and Exchange Commission (SEC) announced it will officially lift its nearly five-year moratorium on new online lending platforms (OLPs) effective August 1. According to the regulatory body, the move comes alongside the introduction…

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Progmat moves ¥452B in tokenized securities to Avalanche

Progmat has completed the migration of its security-token platform from Corda 5 to a dedicated Avalanche Layer 1.  Summary Progmat migrated every managed security-token project to Avalanche while preserving existing functions and institutional controls. Rights transfers run three to five times faster, according to Progmat’s internal tests and estimates. Crypto.news coverage shows Avalanche’s tokenized asset…

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