SEC official tells public to exercise “due diligence” with crypto play-to-earn platforms

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(Eagle News) – An official of the Securities and Exchange Commission (SEC) advised the public to exercise due diligence when transacting with crypto or online platforms, including those involving play-to-earn platforms such as Axie Infinity. SEC Commissioner Kelvin Lee said Axie Infinity for instance did not register as a business entity here in the country with the SEC, nor did it register to conduct investment solicitation. “Base po sa verification ng records po namin […]