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India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index
14.9.2023
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the...
SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines
6.9.2023
SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries
Expleo recognizes leaders & financial institutions driving digital transformation in the Philippines
29.8.2023
While the country’s financial services sector is pacing to incorporate technology innovations in its core infrastructure, its massive unbanked population (71%) now has a better chance at wealth management. Driven by digitalization, a favorable regulatory framework, and steady modernization...
Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar
29.8.2023
Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of Southeast Asian Nations (ASEAN) bloc. The network, already being used between Indonesia and Malaysia, aims to interconnect all ASEAN nations to reduce...
Cybercriminals Use Crypto Gaming to Steal Millions — Philippines National Police
19.8.2023
The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. The unit said players can reduce the chances of losing money to scammers...
Axie Infinity's play-to-earn 'scheme' alarms Phillippine National Police
17.8.2023
Playing crypto games can be riskier than investing in cryptocurrencies, according to the Filipino ACG, considering the ease with which gamers can lose their digital tokens and NFTs
Digital Dollar Project completes CBDC retail remittance pilot with Western Union
3.8.2023
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency
Ripple and Palau Announce CBDC Stablecoin Pilot Program
28.7.2023
Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance, the test started...
Philippines Blockchain Council exec sees crypto adoption ‘snowballing’
17.7.2023
Blockchain Council of the Philippines’ Donald Lim believes that blockchain and Web3 projects have the “opportunity to flourish” in the country
Blockchain group to push Philippines Web3 adoption via state partnership
13.7.2023
DICT Director Emmy Lou Versoza-Delfin said there's been a rise in innovative blockchain startups in the country, signaling that the country could be a global leader in blockchain
Bitcoin payments exec shares adoption challenges in the Philippines
8.6.2023
Pouch founder Ethan Rose said that they've managed to convince 400 businesses to accept Bitcoin in the Philippines
Today in Crypto: US Court Orders SEC to Respond to Coinbase's Rulemaking Petition Within 7 Days, Circle Gets Its Singapore MPI Licence, Cathie Woods Uses Drop in Coinbase Stock Price to Stock Up
7.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Court Orders SEC to Respond to Coinbase's Rulemaking Petition Within 7 Days, Circle Gets Its Singapore...
The Philippines delays publishing crypto framework
7.6.2023
Despite a tumultuous year, the Philippines’ financial regulator decided not to rush a legal framework on the crypto industry, which was initially planned for late 2022
An enriching day at the Philippines Traders Fair 2023
23.5.2023
FINEXPO successfully concluded the Philippines Traders Fair & Gala Dinner at Edsa Shangri-La Hotel on May 20, 2023. Over 2000 people attended the traders’ fair and the gala dinner show at the end of the day. Furthermore, more than 20 brokers had booths that day. A full day of programs...
Philippines SEC says Gemini Derivatives is unregistered securities product
22.5.2023
Gemini Derivatives is available on the exchange’s new Foundation platform, but those selling or promoting it in the Philippines face fines and long imprisonment
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
21.5.2023
Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and Philippines operations. Later, Jia will also use the capital...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
14.5.2023
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued
10.5.2023
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers northwest of Manila, Philippines law enforcement has said. Michelle Sabino from the Philippine National Police Anti-Cybercrime Group said trafficking...
Coinbase remains '100% committed' to US market: Armstrong
5.5.2023
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much
Traders Fair & Awards, Philippines 2023
11.4.2023
Cheers to a new wonderful, and amazing year of 2023 with the Philippines Traders Fair. The Philippines Traders Fair by FINEXPO is back again and will be the first stop of the Traders Fair tour. The Philippines Traders Fair will be held on May 20, 2023, at Edsa Shangri-La Manila. It will feature...