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Filipinos face higher fees after Binance ban
29.4.2024
Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services
2.11.2022
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot...
Popular Philippine Mobile Wallet Gcash Explores Letting Users Buy, Sell, Store Cryptocurrencies
5.6.2021
A popular mobile wallet in the Philippines, Gcash, is considering offering its users the ability to buy, sell, and store cryptocurrencies on its platform, which reportedly has 40 million users. The company’s CEO says 40% of Filipinos now have a Gcash account. Gcash Considers Offering Crypto...
Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets
4.6.2021
PRESS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are looking for ways to convert their digital assets into cash at an affordable rate. The Central Bank of the Philippines has recorded P76 billion (US$ 1.5B) worth of transactions processed by local virtual...
The NFT Game That Makes Cents For Filipinos During COVID
26.8.2020
Axie Infinity, a NFT trading game running on Ethereum, has proven a pandemic lifeline for a small community north of Manila
Ripple Affiliate Coins.ph Joins New Remittance Network Reaching Unbanked Filipinos
23.6.2020
The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines
Ripple And SendFriend Makes It Easier To Send Money For Filipinos
24.6.2019
The payment service company SendFriend has recently publicized the launch of their new service platform in New Jersey. Ripple powers the platform. The firm offers a cheap and secure way for the transference of currency to the Philippines. The newly launched platform will transform dollars...