Is the Philippines Crypto Sandbox Prepared for the Risks Ahead?
The Securities and Exchange Commission (SEC) of the Philippines has taken a quite bold step into the digital frontier recently with the launch of its crypto sandbox initiative, dubbed the Strategic Sandbox (StratBox).
Positioned as a regulatory testbed for Crypto-Asset Service Providers (CASPs), the SEC sees that this programme has the potential to reshape the landscape of securities trading in the country, possibly even ushering in tokenised stocks and bonds.
Yet, as with many innovations, the promise of progress comes with significant questions about oversight, investor protection, and long-term market stability.
Announced in April 2025, the StratBox…
