Tagcash recently posted online a draft of its ICO white paper following the announcement by the Banko Sentral ng Pilipnas (central bank) last January of the regulatory guidelines for virtual currency (VC) exchanges in the Philippines. 

Vernon noted the token sale is likely to take place in January 2018, unless there is interest to buy before the date. 

Read more at: https://www.dealstreetasia.com/stories/philippines-fintech-firm-tagcash-raising-16m-via-ico-84365/