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Philippines begins Peso-backed stablecoin sandbox testing
13.5.2024
The test aims to evaluate PHPC's real-world performance, its impact on the local fiat ecosystem, and its potential uses including payments, trading, and DeFi applications
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...
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....
Union Bank of Philippines to Offer Crypto Trading and Custodial Services
23.1.2022
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial...
Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
20.1.2022
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco
Standard Chartered, Philippines Bank Issue $187M Blockchain Bond
7.12.2020
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit
Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
23.7.2020
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases. 16 Registered Crypto...
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
UnionBank Head Foresees the End of Physical Cash
3.4.2020
UnionBank head believes COVID19 will push banks towards experimentation with digital currencies
How to Buy Bitcoin in the Philippines
7.2.2020
The Philippines has many places you can buy bitcoin from. Not only has the Bangko Sentral ng Pilipinas licensed some cryptocurrency exchanges, but there are also peer-to-peer marketplaces, bitcoin ATMs, and other services to help you. This guide will show you where and how to buy bitcoin in...
PDAX Teams Up With UnionBank for Blockchain-based Technical Reforms
30.11.2019
Philippines Digital Asset Exchange (PDAX) has strategically partnered with UnionBank of the Philippines to receive an investment as part of its growth plans based on blockchain technology in the Philippines. The partnership will obtain the investments from UnionBank via its fintech subsidiary...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction
30.7.2019
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings
UnionBank Claims Cross-border Blockchain Remittance Breakthrough
24.7.2019
UnionBank of the Philippines says that has successfully completed a blockchain-based remittance transaction from Singapore to its home country – becoming the first Philippine bank ever to do so.
The pilot was conducted in conjunction with the OCBC Bank in Singapore and fellow Philippines-based bank...