Last week, the only crypto news that matters concerning the Philippines is the Securities and Exchange Commission’s (SEC) release of its final crypto rules. The details are a bit tough concerning events and education, but more importantly, it wants to crack down on unregistered entities and scammers.

Our first article focused on Section 7 of the rules that discussed what kind of marketing is allowed and not allowed: PH SEC Final Crypto Rules Targets “Educational” Events, Ads, Airdrop, & Content

The article has been discussed in multiple FB groups, by multiple influencers, industry people etc.

(By the way, it was already on the SEC website since Friday the previous week but only got traction after the BitPinas publication.)

At the center of the discussion is the words “good faith”. For the SEC, good faith is when you are not paid to do a product review or promoting a project. This naturally raised a lot of problems, like what if someone is promoting an airdrop, which is something that could to to zero, do I need to register as financial advisor?

Here are other articles and videos for your checking to understand the topic:

• #CryptoPH Community Reacts to SEC’s Final Rules on Crypto-Asset Service Providers

• Webcast: SEC Final Crypto Rules: What It Means For Influencers, KOLs, Educators

  • I recommend watching this webcast, where the guests took a very balance view of understanding the SEC’s position on the matter while also pointing out the questions the rules had raised.

• [Luis Buenaventura] First Video covering Section 7

• [Luis Buenaventura] Second video that clarifies more details after his consultation meeting with the SEC

Now time for the Weekly Crypto PH News Recap!

SparkPoint June 2025 Agenda

SparkPoint released its key targets and events for June 2025. A community announcement is scheduled for June 9; the company will also unveil a new partnership announcement on June 30.

Ethereum DevTrack workshop in Davao

ETH63PH and Davao DeFi hosted a free two-day Ethereum DevTrack workshop in Davao City on June 6-7, 2025. The event, aimed at beginners, welcomed tech students, hobbyists, and developers interested in learning the basics of blockchain and Ethereum smart contract development.

New MEXC PH Country Lead

International crypto exchange MEXC appointed Amira Alawi, sister of actress Ivana Alawi, as its new country manager for the Philippines to lead its local expansion efforts.

Alawi will oversee MEXC’s operations in the country, focusing on community-driven growth, educational initiatives, and creator-led content.

Paytaca at TechUnity 2025

Paytaca participated in TechUnity 2025 at the Department of Social Welfare and Development (DSWD) Regional Office VIII, showcasing how Bitcoin Cash and digital wallets can promote financial inclusion and social empowerment.

Community Reaction to “Vampires of web3” Remark

After Mass CEO Rudy Kadoch labeled users from the Philippines and other countries as “vampires of web3,” local crypto leaders pushed back, arguing that the real issue lies in poorly designed airdrop systems rather than users exploiting available incentives.

Final CASP Rule

The Philippine Securities and Exchange Commission (SEC) has finalized its Crypto-Asset Service Provider (CASP) Rules, expanding the definition of marketing to include nearly all forms of public communication related to crypto, such as social media posts, educational content, events, and airdrops.

YGG Play Summit 2025

Yield Guild Games (YGG) officially announced the return of the YGG Play Summit, scheduled for November 19–20, 2025.

Promoted as the world’s largest web3 gaming event, the summit aims to showcase major game launches, new brand collaborations, and community-driven innovations in the blockchain gaming space.

PNP: AMLC Can Track Crypto Transactions

The Philippine National Police (PNP) expressed confidence in the Anti-Money Laundering Council’s (AMLC) ability to trace ransom payments, even when routed through cryptocurrencies.

Speaking before his retirement, PNP Chief Gen. Rommel Marbil emphasized AMLC’s vital role in uncovering money trails obscured by digital assets, citing a recent ₱200-million ransom case partially paid in crypto as an example.

Webcast on the Final CASP Rules

BitPinas conducted a live webcast titled “SEC Final Crypto Rules: What It Means for Influencers, KOLs, Educators”, following the release of the Philippine SEC’s new regulations on crypto activities.