The Securities and Exchange Commission (SEC) has issued a warning against XIAN COIN (XNC), a digital currency being promoted by Christian Albert Gaza, also known as Xian Gaza. According to the SEC, Xian Gaza, as well as individuals or groups representing XIAN COIN, are enticing the public to invest in the digital currency, claiming that holders of XNC will enjoy a high range of price stability and appreciation of value due to the fact that it is taking advantage of a single, centralized supply chain. The SEC added that XIAN COIN is not registered with the Commission either as a corporation or as a partnership, and is not authorized to solicit investments from the public. The commission also added that Xian Gaza has an unsavory reputation and has boasted that money from Xian Coins will bankroll his underground activities. The public is also advised not to invest or stop investing in any scheme offered by any individuals/entities operating under XIAN COIN or such other entities engaged in similar activities or initial coin offerings and digital asset trading which are not compliant with the BSP and the Commission. Bitcoin, a popular online digital currency which also known as the "gold for nerds", can now be bought and sold here in the Philippines. Read more in our articles including "SEC issues warning against XIAN COIN (XNC)" and "You can now buy and sell Bitcoins in the Philippines".
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May 16, 2026The Securities and Exchange Commission (SEC) has issued a warning against XIAN COIN (XNC), a digital currency being promoted by Christian Albert Gaza, also known as Xian Gaza. According to the SEC, Xian Gaza, as well as individuals or groups representing XIAN COIN, are enticing the public to invest in the digital currency, claiming that holders of XNC will enjoy a high range of price stability and appreciation of value due to the fact that it is taking advantage of a single, centralized supply chain.
The SEC added that XIAN COIN is not registered with the Commission either as a corporation or as a partnership, and is not authorized to solicit investments from the public. The commission also added that Xian Gaza has an unsavory reputation and has boasted that money from Xian Coins will bankroll his underground activities. The public is also advised not to invest or stop investing in any scheme offered by any individuals/entities operating under XIAN COIN or such other entities engaged in similar activities or initial coin offerings and digital asset trading which are not compliant with the BSP and the Commission.
Our coverage of xian coin includes: "SEC issues warning against XIAN COIN (XNC)"; "You can now buy and sell Bitcoins in the Philippines"; "Manny Pacquiao invests in cryptocurrency, set to launch PAC Coin". Each article provides unique insights and information.