RATE Group | Boxing Legend Manny Pacquiao’s Cryptocurrency Could Launch This Year
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Boxing Legend Manny Pacquiao’s Cryptocurrency Could Launch This Year

Boxing Legend Manny Pacquiao’s Cryptocurrency Could Launch This Year

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Manny Pacquiao’s long-awaited cryptocurrency could launch by the end of the year.

According to a StraitsTimes report, Singapore based Global Crypto Offering Exchange (GCOX) is in charge of the launch of the Pac Tokens, the cryptocurrency that leverages on the popularity of the Philippine boxing legend.

The news outlet quoted GCOX chief communications officer Evan Ngow who said the only delay being experienced is with the Phillippine Securities and Exchange Commission who is yet to finalize its rules regarding initial coin offerings. The regulations should be ready before year-end, according to Ngow. The company is also working hand in hand with Pacquiao’s team on the volume and value of Pac Tokens to be issued out to members of the public.

The Filipino fighter, an eight-division world champion, is also a celebrity ambassador for tGCO, a blockchain platform that allows celebrities to create their cryptocurrencies which fans can then use to pay for access to exclusive…

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