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Philippines Will Stop Accepting Crypto License Applications for 3 Years, Regulator Says
13.8.2022
The central bank of the Philippines, Bangko Sentral ng Pilipinas, has announced that it will stop accepting crypto license applications for three years, starting next month. The central bank is the primary regulator of the crypto sector in the Philippines. Philippines Halts Accepting Crypto License...
BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News
11.8.2022
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: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News
The Philippines halts virtual asset provider license applications
11.8.2022
The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years
Philippines Central Bank to Halt Applications for New Virtual Asset Firms for Three Years
11.8.2022
The Philippines' central bank is closing its application window for new virtual asset services providers (VASP) licences for three years from Sept. 1
Binance optimistic on Philippines entry despite SEC pushback
10.8.2022
Binance’s head of Asia-Pacific Leon Foong said that they are not distracted by the efforts of so-called lobbying bodies to ban Binance
Esports Owner Wanted By Cops After $33 Million Drug Bust
3.8.2022
Bernard “Bren” Chong, a coffee magnate, app entrepreneur and owner of the Bren Esports team, has been accused by Filipino authorities of being part of a P1.87 billion (USD$33 million) drug bust in Manila.Read more
SEC Charges 11 People over USD 300M Crypto 'Pyramid Scheme'
2.8.2022
The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States....
Read More: SEC Charges 11 People over USD 300M Crypto 'Pyramid...
World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News
26.7.2022
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: World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News
SEC Philippines to investigate Binance over alleged illegal operations
26.7.2022
A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country
Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’
26.7.2022
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe...
Philippines’ digital transformation could make it a new crypto hub
14.7.2022
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals
Bitcoin trading volumes post new high in Philippines peso on Paxful
14.7.2022
Weekly Bitcoin trading volumes in the Philippines peso were steadily growing on Paxful this year and eventually hit a new high in July
Binance ban off the cards, says Philippine trade and industry department
11.7.2022
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank
Policy think tank asks Philippine government to ban Binance over promotions
7.7.2022
Binance responded to the letter saying that they take compliance seriously and are looking to secure licenses in the country
New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
22.6.2022
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money...
Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets
12.6.2022
Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets...
Crypto exchange Binance seeks critical licenses in Philippines, CEO says
9.6.2022
The exchange platform is looking to get virtual assets service provider and e-money issuer licenses from the Banko Sentral ng Pilipinas
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA
7.6.2022
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and...
Philippines to explore blockchain use cases, launches training program
31.5.2022
Enrico Paringit, an official at the Department of Science and Technology, said that the goal of the training is to build non-crypto apps
A Person From the Philippines Earned $50 a Day in the Simple Children’s Game, Rock Paper Scissors
17.5.2022
The person won over $50 in 10 minutes in the simplest Blockchain game. The player, presumably a Filipino, registered in the crypto game Rock Paper Scissors under the nickname ManilaCity, won and withdraw $50 from the platform. In the Philippines, the average salary ranges from $98 to $290...