Philippine SEC Commissioner Rogelio Quevedo said tokenized assets could provide Filipinos with more legitimate investment choices and help reduce exposure to fraudulent schemes. According to Cointelegraph, Quevedo said broader access to tokenized assets may steer investors toward regulated opportunities rather than scams, positioning tokenization as a potential tool for improving the quality of available investment options in the Philippines.
Quevedo’s remarks focused on the role tokenized assets could play in offering alternatives that are perceived as more credible for local investors. He indicated that expanding legitimate options may also support efforts to discourage participation in scam-related activity by directing interest toward investments viewed as more trustworthy. The comments did not include additional details on specific products, timelines, or regulatory measures, but emphasized the potential investor-protection benefits associated with providing more legitimate avenues for participation in markets.