20 June 2026
Crypto Is An Asset Class That We Cannot Ignore Anymore – Ramon Monzon
Ramon Monzon, the president and the CEO at the national Philippines stock exchange (PSE), during a top management meeting, stated cryptocurrency is “an asset class that we cannot ignore anymore.”
Presently, where many countries across the globe are looking forward to adopting and regulating cryptocurrency. The national stock exchange of the Philippines (PSE) is reportedly eyeing cryptocurrency trading. Ramon Monzon, the President, and CEO of the Philippine Stock Exchange stated that the PSE should be the exchange platform for crypto assets.
“If there should be any exchange for cryptos, it should be done at the PSE. Why? Number one, it’s because we have the trading infrastructure. But more importantly, we’ll be able to have investor protection safeguards with a product like crypto,” Monzon quoted.
Furthermore, Ramon Monzon explained how many people are attracted to cryptocurrencies “because of the volatility.” Although, he also warned that “instant riches could be instant poverty too.” We’re waiting for the rules from the Securities and Exchange Commission (SEC) on how crypto or digital asset trading will be governed, expressed Monzon. Seemingly the chief voiced: “Unfortunately, we are not in a position to do that now Kasi wala pa tayong rules from the regulator eh (because we don’t have rules yet from the regulator).”
In addition, after seeing accelerated growth in the use of cryptocurrencies in the past three years, the central bank of the Philippines, the Bangko Sentral ng Pilipinas, has established new guidelines and has registered seventeen cryptocurrency exchange service providers so far.
Disclaimer: The author’s views and opinions are for informational purposes only and do not constitute financial, investment, or other advice.
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