Search
Philippines Government to Raise $180 Million Through Sale of Tokenized Treasury Bonds
16.11.2023
Source: Pixabay / David Peterson The Philippines Bureau of the Treasury has announced its plan to issue tokenized Treasury bonds for the first time on Monday after canceling a traditional auction initially scheduled for the same day. In a historic move, the Philippines Bureau of the Treasury is...
Philippines to Sell Tokenized Treasury Bond Next Week
16.11.2023
The Bureau of the Treasury has set a minimum target of 10 billion pesos
Philippines to sell $179M in tokenized treasury bonds for the first time
16.11.2023
Real-world asset tokenization as a concept has existed for some time. However, in 2023, with the growing interest of institutions, various governments have started experimenting with the concept
Taiwan Police Bust $320 Million Crypto Money Laundering Racket
1.11.2023
Taiwan’s Criminal Bureau’s Electronic Investigation Team busted a major crypto money laundering operation, involving $320 million worth of USDT. The criminal network, led by a merchant named Qiu, spanned multiple countries in Southeast Asia, including Malaysia, Philippines, and Hong...
Elon Musk trials $1 subscription signup fee for new X users in New Zealand, Philippines
18.10.2023
The Mercurial CEO is on the cusp of turning X into a fully subscription-based app
Stablecoin-Issuer Circle Pushes for USDC Adoption in the Philippines – What's Going On?
12.10.2023
Stablecoin issuer Circle has teamed up with Coins.ph, a major Philippine crypto exchange and crypto wallet provider, to enhance financial inclusion and improve remittances in the Philippines.
According to an announcement published by Circle on Wednesday, the partnership aims to raise awareness...
USDC issuer partners with Philippines exchange to promote stablecoin
11.10.2023
18 million users of Coins.ph are expected to receive a faster, lower-cost and more accessible remittance option as a result of the new partnership with Circle
Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded
25.9.2023
While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure
The Philippines unveiled FSI’s leading talents at the WFIS Awards 2023
25.9.2023
With technology innovations in the financial sector expanding by leaps and bounds, the Philippines is now pacing toward financial inclusion. While the archipelagic country still houses over 30 million unbanked Filipinos, the equation is fast changing as access to financial services has become...
Union Bank of the Philippines Secures Central Bank License to Offer Crypto Trading
21.9.2023
Philippine’s Union Bank has become the first and only bank in the country to receive a license from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP).
The bank received a ‘Certificate of Authority’ from the central bank, marking it the first in...
Philippines SEC Collaborates With International Organizations to Strengthen Crypto Enforcement Efforts
20.9.2023
The Philippines Securities and Exchange Commission (SEC) seeks to establish a joint regulatory framework around digital assets and to crack down on bad actors who engage in illicit crypto transactions.
The body has partnered with the United States SEC and the Asian Development Bank (ADB) to host...
Philippines SEC teams up with US counterpart to combat crypto fraud
20.9.2023
The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime
Philippine Blockchain Week 2023: Fandoms unite at the inaugural Nexus Fan Fair
15.9.2023
Pop culture universes will collide when the first-ever NEXUS FAN FAIR launches in the Philippines! Presented by Tier One Entertainment from September 19-21 at the MGBX Convention Hall, Marriott Grand Ballroom in Newport World Resorts, NEXUS FAN FAIR will be an epic celebration for gaming...
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