According to a press release issued on Tuesday, Filipino Senator Leela De Lima, due to the complexity of the investigation process, has introduced a bill to impose a severe penalties for cryptocurrency crimes. March.
According to the Senate Bill (SB) 1694, the sentence of higher education will normally be punished if compared to all the crimes mentioned in the revised penal code if "virtual money" is used in the crime. SOURCE https://cointelegraph.com/news/philippines-senator-proposes-stricter-penalties-for-crimes-involving-crypto