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Philippine Stock Exchange Eyes Cryptocurrency Trading — Says ‘It’s an Asset Class That We Cannot Ignore Anymore’
4.7.2021
The national stock exchange of the Philippines, the PSE, says cryptocurrency is “an asset class that we cannot ignore anymore.” The stock exchange further says cryptocurrency trading “should be done at the PSE,” given its infrastructure and investor protection safeguards....
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...
Major Philippine e-wallet GCash eyes crypto trading
4.6.2021
One of the most popular e-wallets in the Philippines, GCash, is considering a potential move into crypto following the example of PayPal, Venmo and others
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...
Axie Infinity player buys two houses in the Philippines from in-game profits
11.5.2021
An Axie Infinity player from the Philippines claims to have purchased two houses with profits earned through playing the crypto-powered play-to-earn game
New ASEAN blockchain consortium targets cross-border cooperation
23.4.2021
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
28.2.2021
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns...
Exchange demands users return Bitcoin bought for $6K during tech glitch
24.2.2021
An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what happened
The ethics of hiring cheap Filipino staff: Crypto in the Philippines Part 2
7.2.2021
"When you realize the difference in purchasing power it's like ‘Yes, they are earning much, much less than an Australian salary’. But it also costs much, much less, to live here."
Crypto in the Philippines: Necessity is the mother of adoption
29.1.2021
"People are just like, 'Whoa, mind blown — this is going to save me half a day because I don't have to go all the way to the bank during business hours and take three journeys on public transport and then wait in line for an hour ... I could do this on my phone.’”
Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity
27.1.2021
The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by...
Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering
26.1.2021
New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards
Philippines' central bank to license crypto trading and custody firms
26.1.2021
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers
Decades After Ban, Robot Anime Getting Live-Action Version In The Philippines
18.1.2021
Robot anime Choudenji Machine Voltes V debuted on Japanese television in the late 1970s. Now, decades late, it is getting a live-action television show in the Philippines.Read more
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
Ripple Is Selling 33% of Its Stake in Moneygram
29.11.2020
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019....
Philippines Central Bank Governor: No Digital Peso Before 2023
22.10.2020
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023
Philippines' central bank isn’t ready to pull the trigger on a CBDC
22.10.2020
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
15.10.2020
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure...
Philippine central bank embraces digital tokens
19.9.2020
The Philippines is really interested