DAVAO CITY, Nov 25 (PIA)- The Securities and Exchange Commission (SEC) has warned the public on investing in Xian Coins (XNC) which the Commission has issued a cease and desist order against it. The order was issued to owner and founder Christian Albert Soriano Gaza popularly known as Xian Gaza, representatives, salesmen agents, uplines, enablers, influencers, and any and all persons claiming and acting for and on their behalf. Xian Coins is claiming to be a centralized digital currency powered by Etherium Blockchain that is exclusively traded by its coin holders. The holders of Xian Coins are promised that they will benefit from high range of price stability, and appreciation of value as it is taking advantage of a single centralized supply chain. The Xian Coins are considered as securities in the form of investment contracts which XNC sells to the public and the XNC is selling them without requisite license from SEC. The Cease and Desist Order from SEC also prohibits...